Myers, my point is that MK may well have been able to limp along for a while at least until things turned up (or the oil price turned down) by adhering to the previous AOC, which meant MK allegedly could virtually do what it liked with FTL/fuel planning maintenance etc. The added burden of flying to a CAA AOC could well have been the tipping point. Nothing against the crews, I feel very sorry for them, having been in their situation a couple of times over the years....
One airlines demise is often the life saver for another, I should think the likes of AAI, ATLAS and Martinair etc etc will be recruiting like hell at the moment for their -400Fs. They saw the writing on the wall for the good ol' Steamer several years ago....