That facts are that two companies have signed terms sheets, ie they are interested in the business and already know the numbers.
A term sheet is only an expression of interest. It doesn't mean much more than that. There is a long way to go between term sheet and closing a deal.
The aircraft are elderly, younger than BA 400's or Lufthansa's 300's/500's and far younger than the Jet2 classic fleet. Non of which are decrepit or thirstier than any other classic fleet world wide??
the 737-300/400/500s are in their twilight years. In a modern world where oil is over a hundred bucks a barrel they make it more difficult to turn a profit.
As for routes, well closing CWL and MAN was madness, and the uncertainty over the future of baby will not be helping forward bookings, nor will the lack of a winter schedule.
I hope for all concerned that an understanding buyer is found, and Inkjet, the hint that you know more than anyone else is interesting, you must be the only person who does know.....wink wink.