Hey
There does seem to be alot of "smoke and mirrors" surrounding this story, as RIX BT and dymonaz have alluded to.
I am of the same view, I really can't understand how they couldn't make a go of the Dublin route. Like I said, there is a huge Lithuanian diaspora here, all of whom travel home at least twice a year. Yet, they cancelled the Dublin route but kept other routes (I can't think of them of the top of my head) open. Routes where there didn't seem to be any cultural/business links.
As for the fleet, buying the 752s was I think an indication that they were moving into the charter market in a big way. Aurela, the Lithuanian charter operator seems to be doing well, maybe they wanted to emulate them. They also, seemed to be doing quite alot of charter business out of Talinn. If they were interested in flying scheduled routes, but felt the 733/5s they were flying were too big they would have gone for something like an Embraer 190/195.
I have a feeling we haven't heard the last of this!
C