It seemed to be a run of events at the time. If I remember rightly, another airline before Amber Air had run into some financial troubles after the company light aircraft crash-landed at Jersey one Friday night with an engine failure on the way to France with the airline's entire week's-worth of cash bar and duty free takings on board. That all unravelled pretty quickly afterwards.
It's no bad thing that the industry is rather more "corporate" nowadays but it's certainly not as colourful as it was....