What will be interesting to observe, and maybe provide a clue as to the real situation of the whole business, is what is happening with the Exeter-based engineering and its outside contracts; is it contributing financially, or draining financial resources?
The same with training...................
The current top management is unimpressive, to put it mildly, with the all too common detachment from the operation and belief that manipulating numbers equals managing a business.. It'll take more than a spreadsheet to restore Flybe's health. Knowledge, airline experience, leadership and flair are needed, but are not to be found in Flybe's present management.
It's all rather sad, thinking back to the day when Jack Walker, in Jersey, agreed to base his 2 new toys in Exeter as the embryo, fertilised by his mountain of cash from selling Walker Steel, of a new regional airline for the UK.