Heard about the conversion being cancelled from two well placed sources over the last 48.
Wouldn't surprise me if it had fallen over. The whole idea was drug smoking of the highest order.
Personally I think it was just a smoke screen for moving the B744 or A380 fleet offshore. Other posters have noted Joyce's attitude in the media over the last seven days to be remarkably upbeat.
Perhaps Clifford and the board have green lighted the offshoring once FWA arbitrates the current disputes with AIPA, FWU and ALAEA.