Interesting that the judge reckoned there were never any realistic indications of interest :-
Having allowed a period for options to be put forward, and having extended that period – putting down the clear marker that no tangible proposal had come forward from public or private sector partners – the Operator was being told that there was strong market interest in one group believed to be an extremely serious proposition (the letter of 8 September 2022); a highly desirable bidder with extensive aviation experience (the letter of 12 September 2022); and conversations with 10 potential investors including interest from airlines, a global asset management business, a UK-based new venture in the aviation sector, significant local aviation businesses and an international investment bank (the letter of 22 September 2022). But the fact was that there were no “tangible proposals” to consider, not even tangible proposals at an “early stage”.