Examinership is generally used when either
- a company's difficulties are cashflow based and will be cleared by future revenues
- a potential investor has been identified
Since we're heading into the lean months, the first doesn't seem very likely, so there is presumably a potential investor knocking around, but who?
EI seem the most likely, but wouldn't that kind of investment have to be cleared by Ryanair considering the size of their shareholding in Aer Lingus?