Are we really saying the people of Ireland will be better served by this?
When MOL says he will operate EI as a full service subsidiary I will point you to what they did with Buzz. They took control, wound up the airlines citing poor performance and promptly offered only a handful of staff positions with FR.
Right and Buzz were really setting the world alight with passenger numbers and losses.
KLM couldn't wait to dump it which gives you an idea of how bad it was.