I'm also hearing that another very long-established MAN carrier is set to exit after many years, final confirmation awaited.
Shed, I tend to share your sentiments expressed as always very well indeed, but then I do tend to be in the 'glass half empty' camp at times. However, the above sentence in particular did worry me as the airline that jumped to mind was SQ. I hope you may be able to say it is not them, although whoever it is, if confirmed, is not good news.