I suspect that within the wider groups both IAG and Virgin (if it is able to draw on the resources of its shareholders Delta, Air France / KLM) have the gravitas to pull a takeover off and put Flybe back on the right path. However, I can't see IAG getting it without the Competition and Markets Authority - maybe even the EU - looking into the LHR slots situation yet again. And that wouldn't be good for finding another airline LHR-ABZ, EDI and maybe even NQY.