Originally Posted by
Hudson Bay
GSM763 - the 10million is just a guarantee for the CC company. Flybe is trading well and when the legacy issues are sorted (E195 and expensive Business Advisors are ditched) the problems will be history. Virgin intends to wind the company down and sell all of its valuable assets. If this deal goes through it’s curtains for all. Don’t be fooled by a glossy Virgin 747.
Apart from 8 aircraft and the engineering side what assets does Flybe have?