with Aer Arann jumping in on the ORK-BHD route, BmiBaby starting a new London Route, Aer lingus starting Barcelona, Milan etc., 37 pilots and no plane, €3.5 million of Debt and Cork consumer confidence gone, it will take a gutsy investor to put his cash into this. Also the return on investment will only happen if this company makes profit- there will be no buy-outs like FR-Buzz, Easy-Go as the airline has no valuable slots/brand.
Maybe they would be better off starting a new airline in Shannon or Derry.