How to burn money
Guess the new management will just likes to burn money. PAL and Cebu Pacific have a much stronger management system in place than Asian Spirit.
And I don't believe that that the Philippines will allow "expat" pilots. For this the lobby is to strong in the islands not to hire them.
Maybe they will hire initial check Pilots from the manufacturer but that's it.
PAL Express and Cebu Pacific will give Asian Spirit the run for the money and even if SEAIR is being baught by the Zest-O Group, too and integrated, still their management and their sales and marketing is too weak to compete with the two established carriers.