Exactly. What on earth would easyJet see in Flybe??? The media has no clue on this one i'm afraid. Stobart is the more likely candidate - however it depends who else out there is interested because Stobart do not have a limitless cash supply. Strangely, they have informed the media that they cannot comment when questioned on whether they are bidding. This is very different to their previous very open announcement about interest. I doubt they are as keen this time around despite the bargain basement price.
Interesting to see who finally does catch this falling knife.