The press release makes interesting, if a trifle inaccurate reading:

Sector Aviation is a consortium of businessmen with a background in aviation, including a group known previously as Granite Aviation.

It is led by Ian Woodley and Graeme Ross, who set up the regional division in Aberdeen in the 1980s, when it was known as Business Air.

Woodley and Ross set up Business Air which was bought by British Midland when it was close to going out of business. So, they are now going to have a second go? I am deeply sceptical about the chances of success. I do think that BA has played a blinder, got a discount from Lufthansa and managed to sell it.

exmpa