So, if Little Red had continued to operate the routes until Summer 2016 they would have been awarded the slots permanently*, is that correct?
And at that point the slots would no longer have be bound to the specified routes but to any non-long-haul service?
Seems odd to have walked-away from receiving such a saleable asset with absolutely nothing to show, just for the sake of six more months.
* on the standard condition of continued usage, presumably.