The 747-200's and flight simulator were sold as a package for $5Million ish. I don't think EAL has paid the balance to BA yet.
The arrival of Bath Travel as investor/ owners (not sure which) has led to a valuable cash injection.
I heard that EAL were shafted over a promised $10 Million refinance by an unscrupulous outfit called Eurosolve based up in Glasgow - anyone got any gen on this?