The reported delayed APD payments amounts to a similar sum to the original proposed bailout from Connect. So did Connect Airways (Cyrus / Stobart / Virgin) put in the promised £100m? Or did the promise of a takeover release the credit card acquirers' withholdings and enable Flybe to carry on until now without a massive injection of cash? Or a combination of the two? Or was the promised cash injection smoke and mirrors and funding may now end up coming from the public purse rather than the consortium?