Tail_wheel
Aesop got stiffed by the administrators for his writing fee from the last effort and now is seeking copyright and residuals from them and the new players for ripping off his plot. There's just no justice.
Torres got it in one.
The reality is that up to Aus$20 mill in equity (not debt "equity") may be required if the combined airlines are to have any chance of success.
And by equity I'm sure he doesn't mean capitalising the employee benefits and entitlements.
They should throw the FLEW script away and try something original, like putting real cash money in, the other path has been proven to not work.