I suspect any Administrator will keep the FIFO business unit...

I suspect any Administrator will keep the FIFO business unit running and flog it off. It will be doing well and generating good cash. The regional prop business has potential to do reasonably well and it will likely receive direct government funding to stay running in the short term I suspect - it has some contracts with State Governments. Its cash burn wouldnt be heaps and it is an essential service. The States may also start to consider more protected routes to ensure any operator is sustainable commercially. Then the regional business will be sold off with the AOC. The 737 business will be liquidated. My predictions only based on acquired aviation knowledge and presuming there are multiple AOCs.