It could be possible. In Spain people is saying that Bravo Airlines (the new airline) is going to begin to fly with one B757-200, with retired captains from Iberia, soth american F/O´s laid off from LTE, and some well-connected pilot with 170 TT and a father in Iberia.
This info appears in a forum, because nobody knows anything. They are taking the matter in a very silent way.