That certainly is an interesting article in "The Scotsman".
I can understand floating the company, say on the AIM market which would give access to more capital and funding whilst still allowing the current management to keep control, whereas to sell the Company would risk losing control over policy etc. The new owners could have a completely different idea of which way they want the business to develop, with key management figures leaving over policy differences.
I greatly admire how the current management have transformed the airline and grabbed the opportunities available in the Regions. It would be a shame if all this progress was lost.
We will just have to wait and see what develops.