If ABE is not owned, does it mean UL does not have any aircraft under ownership now ?
Who says BA & AI are on the way to recovery ? Not at all. AI would have been already bankrupt if not for the government loan agreed last week and BA is in the red 'as usual'. The airlines that are doing well are Ethiopian, Air France, RJ, Emirates and LAN. The ones that are recovering are MH, Kenya, Air New Zealand, the bunch of Chinese carriers and KLM to some extent. AI is in a historical financial grave.
I've not mentioned that UL should expand, but it should not downsize. Keep the current network and address the losses, there is a lot that could be done.
We need not to get into a battle for this.