Originally Posted by
compton3bravo
I don't know why some on here are waffling on about whether two or three aircraft are going to be based at Newquay etc, the main thing is will there still be Flybe in a few weeks time. The board have decided on a take it or leave it 1p share and if not agreed the airline will be closed down. The £10 million 'given' by Connect will have some guarantees attached to it ie assets so they do not lose there money and that money is not going to last that long I would think. Getting credit for fuel, landing fees etc. must be difficult at the moment.
Compton - everything is running like it normally is with no issues on the day to day front line.
The airline and staff have been sold through the scheme of arrangement so the vote needed is whether to allow the sale of flybe group plc part into the hands of Connect. Either way the airline and staff carry on through what they did by the scheme of arrangement.
This is due to completed before the 22FEB so by the time the vote happens, the airline and staff are no longer part of the PLC.