SNNEI, Thank you for your polite and well-stated reply. You set a standard for these forums which we could all do well to emulate.
The reasons for my post were twofold:
Firstly, to promote debate. I seem to have been at least partially successful in this.
Secondly I understand that the purpose of the certification phase of a new airline is to ensure as far as possible that said airline is ready and able to operate and that they have enough capital to see them through at least one year of operation. Both airlines mentioned failed in these criteria.
At least some of the airlines you compared with in France were in operation for much longer, so like any business, could fail. I am not familiar with them all.
In dodgy, I meant ill founded as opposed to dangerous or unsafe.
As a two-times victim of airline failure myself, I simply feel so sorry for the employees, creditors and pax who are the victims.