TVR was sold to a rich Russian spoilt brat and not the 'management' buyout that sadly couldn't find the cash within Peter Wheelers time frame.
The said Russian then pulled the plug and the funding. Nothing sinister there, except the fact that the cars were inverse kit cars, you bought it complete and it disassembled itself over time!
BA have good cash reserves and the backing of the city and investors as long as they kick BASSA into touch. The future, once the restructuring has run its course, is for a far better and lower cost base per passenger mile.
Time will tell and, no, there would be no bailout for BA.