Brigantee, you have my sympathy for the position you find yourself in.
Unfortunately I have to agree with previous posters that apart from a few services, Flybe is not vital to the UK. As I have said on another thread, the government should not get involved in the running of a PLC. If the government provides a lifeline now, does that also mean that if Flybe ever becomes profitable the government will get a profit share?
At the risk of repeating myself, the founders of the Connect Airways consortium are not short of money so why come to the government? If they are sure that their turnaround plan will work then they would have stumped up the cash themselves. Their current practice is a good way of getting another £100 million from the tax payer to line their pockets.
If a company can’t be self sufficient then their is only option available.