I disagree that this is "bad news" for anybody.
Healthy competition is good for everyone. The chronic absence of such competition (either by regulation or lack of entrepreneurial interest) has led to this situation today: a state airline (OA) falling behind, not being able to compete in an open environment, and sticking to last-minute protectionism tricks to barely survive. Tricks like bypassing regulations to keep 30-year old planes in service, not paying retirement funds contributions or skipping landing fees, and also not being paid for service provided to state organizations, all these are things of the past.
The very sad state of the airline industry is the creation of this state protectionism. Out in the open, such ‘creations’ either sink or learn how to swim. The survival of the fittest, if you will. And these fittest are going to expand, create healthy, real jobs, and have a real contribution in the economy and the people: offer service. This is the GOOD news. The only people who are to worry are the dinosaurs of the state protectionism – soon to be extinct, anyway.
Just my 0.02 Euro.