Phileas I totally agree with you and there is another part of the statement which stinks and that is:
Orien found none were in a position to make firm commitments to establish services on commercial terms, within required timescales and with sufficient scale to make the economics of operating the airline viable.
Whose timescale Sutton Harbour Holdings.
As I have said numerous times before all Plymouth needs is an operator who knows how to run an airport, not one who plays at it with a hidden agenda.