OpenSkies has had its days numbered for quite a while - operating long in the tooth 757s and a 767.
Personally I think OpenSkies would be a better brand than LEVEL to expand the LCC market - and already has its own AOC. To my mind OpenSkies is an ideal name for a new generation/LCC airline, operating from bases across Europe, using the OpenSkies rights. Ironically the floor of an A332 is never LEVEL, either on the ground (downward) or in the air (upward).