PlymSpotter,
So SHH founded Air Southwest in 2003 and they got their "Armageddon" clause signed in 2004 and, at any time thereafter, they could have sold up and walked away with a pocket full of dosh, got the money in the bank PDQ and sat back watching the interest accumulate!
But, with Air Southwest being a relative virgin, they tried to develop it not just thru 2004 but thru 2005, 2006, 2007, 2008, 2009, 2010 and indeed part of 2011.
But you're suggesting that SHH had no interest in operating Air Southwest once they had their "Armageddon" clause signed way back in 2004?
Is this how long it takes for directors to reach a decision in Devon ... 7 Years?