The rumour on the street is that Peter McKenna is finally being allowed to run the Airline as an Airline.
He is cutting out the deadwood of routes which do not pay , have little custom or make no money, ie Aberdeen and Plymouth, and concentrating on the routes which are successful.
Air Wales have been running with a depleted fleet for some time and the fact they are already running with a Fleet of 4 aircraft not 5 doesn't seem to have been noticed.
If the rumours at the airport are true then this could be the resurrection of the Airline not the death of it, finally having someone who knows what they are doing being allowed to actually run the Airline as a business not a hobby.