Originally Posted by
brian_dromey
flyBe isn’t particularly profitable....... I’m not convinced a Stobart takeover of flyBe is all that sensible.........
I think there’s a big element of ‘be careful what you wish for’ here. FlyBe would be a large, expensive and rather difficult meal for Stobart to digest, and I can’t really see how it would add value to the group at all, let alone benefit SEN.
One aspect of the purported takeover which doesn’t really seem to have been noticed or commented on is that Stobart Group are not seeking a controlling interest in FlyBe. Ergo, they won’t be able to do just what they like with it.