Most people want to see airlines succeed but is really ok that a carrier can run up huge debts then restart using only the good parts? What about all the other companies that lose out? So it’s fine for catering companies and ground handlers to lose out because Flybe deserves another shot? Someone has to pay when these things don’t work out and the carrier leaves a debt behind.
That’s before you even look if it’s realistic to relaunch. The carrier didn’t make money in good times. Now it’s hard to travel and rival carriers have already expanded taking over most of the worthwhile services.
I’d love to see a thriving regional scene but you also have to be realistic. Perhaps the owners do genuinely want to run an airline but at the moment, the approach of repeating Flybe (same planes/bases/operations etc) isn’t a winner in my opinion.