Fine in theory, but how do you dump nearly a fifth of shares of a company onto the market without making a loss - particularly if people know that once you've sold out, you're going to make life incredibly difficult for the company in question?
In this respect, I see MO'L being a little stuck; he has also said that he intends to remain an investor in EI for the foreseeable future.
I tend to believe he is involved for the long term; much of what he intends to achieve for EI could still be achievable even if FR were a minority shareholder. From EI's perspective, isn't it a bit disingenuous not ignore a shareholder with 1/5 of the airline's shareholding, particularly if that shareholder could help it get major discounts on new aircraft or help it prepare for the onslaught of new US competition?