- Seven pairs of LHR remedy slots can be used for Europe from March next year (2020)
- Same seven pairs can also be swapped or traded from March next year too
- Five more pairs have to be used for domestic until March 2022 then the same applies
Buy a sinking ship for £2.2m. Put in £20m to tide it over. Offer 'up to £80m' for later - no specific promises though. Cherry pick the best of the current network. Bring in short-haul partner to prop up the operation. Do deals on the seven LHR slot pairs when they can be traded in 2020 - AF/KL intra-EU, VS/DL long haul, or 'sell' them. Do the same with the other five pairs in 2022. Drop LHR UK domestic ops - '"we tried but it didn't work" If what's running around the provinces still isn't making money by then shut the rest down too.
Twelve LHR slot pairs for £22.2m down plus whatever it takes to keep the former Flybe going until 2022. How much are well-timed pairs worth?