Work has begun in the lounge and is expected to be completed in the next few months.
BWAA have purchased all of the airports old trolleys, and are now donating them to third world countries. (Not the usual for a start up airline, plenty of disposable income then!)
Plans for A/C to be multi class rather than business-class only, and different check in locations for these classes. (e.g. Economy = LLA Terminal, First = SJ Terminal)
Are you sure that people are actually working on the conversion of the old Silverjet lounge on behalf of BWAA. Things are not always what they seem...