What are the chances of resurrecting SG with new management and a more realistic network on the F100 fleet only (since it's owned) and returning the 83s to lessors?
Or has the F100 market rebounded enough to make sale and liquidation to realise capital gain the more likely outcome?
I'd like to see a low-cost carrier but aligned to either oneworld or skyteam as either franchise or full member. Aer Lingus shorthaul has essentially become such a carrier but starting from high cost. AC still has essentially a monopoly on this kind of flying, and who is to say when open skies arrives it might dissuade a Delta Connection type service when it already exists as a Canadian owned operation.