The only thing that has changed is that the level of losses has increased and there is little sign of a turnaround. The shareholders patience may be running low after watching a billion euros evaporate in the last 3 years...
I can see a justification for rationalising the business by moving out of Donington Hall to offices in or around Heathrow and focus on medium haul routes out of LHR. Baby doesn't fit in the grand scheme of things and let Regional go to someone who can make a small regional operation work as an independent outfit.
Focussing on a single core product is one way to develop and save at least some of the company.