Stolport - Well having slept on it I do vaguely remember an airline being planned that didn't actually happen or may have operated for a few weeks but I still do not see how that related to SHH. I had discussions with SHH to fund another airline around that time, they didn't go ahead, so have my doubts there would have been any connection at all.
I am sure there is someone out there will have far greater knowledge and memory than I.