Yes, it is very sad that many people are suddenly facing an uncertain future.
I don’t think anyone on this forum would disagree with that. But there’s also a commercial point of view, that says that it’s time for an obviously creaking operation offering an at-best patchy quality of service to give up and let someone else have a try.
It’s not yet clear whether Air Wales has fallen on its sword or has had the plug pulled on it by someone it owes money to, but I don’t see that these opinions are neccessarily contradictory.

William