It seems fairly clear that Cabair is in administration
No, it is clear that Cabair International Aviation Ltd is in administration but that is only one company within the Cabair group. I don't profess to understand the convoluted relationship of the many companies within the group but I do, for example, know that the placing into administration of Cabair International Aviation has no immediate effect on Worldwide Aviation Holdings that owns, among others, EPTA.
This is not to say that there will not be a knock-on effect in the future or that other companies in the group will not follow CIA into administration. However, unless one is familiar with the structure and interdependence of the various companies, it is probably best not to make sweeping statements on the future of Cabair lest one makes oneself look a bigger pratt than one already has.