From the CAA website: " Decision 1/2021
Operating and Route Licences of FBE Realisations 2021 Limited (formerly Flybe Limited Company Number
02769768 – Decision to Revoke by CAA. This decision has been up held by the Secretary of State for Transport
Note that the above decision does not affect the licences held by Flybe Limited (formerly Thyme OpCo Limited Company Number 12875147) "
I'm no expert but I would take it that the new company is not directly affected as it has a separate AOC but does not have rights to the old company slot portfolio. Whether the new co is viable without those slots will no doubt become apparent based on whether they push forward or not.