Maybe, if Sir Michael had talked and collaborated with Sir Richard 20 years ago? (or vice versa)
After this amount of time, the UK domestic market is fully mature and all the fat has been squeezed with AirUk, GO, BMI, Manx (+ others) all gone or plucked - there was no space for a new entrant. It was waaaay too late. Very sad. Two strong leaders who let the ball drop through their hands into the gaping jaws of their mutual enemy.
I sit to be corrected ...