Well it's not the same question is it, I want a bar of chocolate because I fancy one, I need to eat food to survive.
With Flybe being so cheap to buy and the legacy issues that's keeping them in the red easyish to sort out for anyone with cash then considering they have a strong business (high revenue) then it should be a good purchase for almost anyone. Now you could argue that the purchaser might not be good for Flybe as we know it, but fundamentally if strong leadership prevails with strong restructuring then there's no reason why it wouldn't be a good acquisition. As for why now, well it's cheap enough isn't it? There will never be a better opportunity. Why Flybe? Why not? One of my friends is a BA skipper and he took Willie Walsh back to Spain 18 months ago. He visited the flightdeck for a chat and effectively said the only thing missing for IAG now is a regional airline acquisition so they've clearly been thinking about it for quite a while.