And good relations with the workforce perhaps
Yep goes without saying really. There is no better feeling than working for yourself and knowing that everything you put in is given back in spades. From my very limited knowledge of Emerald I would say that the power of the crews and engineers should not be underestimated. Without them there is no viable business and I wouldn't expect there would be a pool of suitably qualified people to jump into their seats. If there was a willingness to do a buy out I would have thought it would be given quite serious consideration from the administrators. Even more so if it was subtly implied that the staff might not be so inclined to work for Emerald unless their proposal was accepted