Yep, ceased operation in 2006. I flew with them once from Dublin to Swansea airport (before they moved to Cardiff), the pilot took the cases off and handed them direct to the passangers waiting on the tarmac. Was a bit of joke really. They moved from Swansea because the CAA demanded an upgrade to the airfield lighting which was going to cost a fortune. IIRC Air Wales had some sort of partnership with BMI baby.