Originally Posted by
True Blue
So a government loan is also being negotiated but not yet agreed. If the loan is agreed and APD deferred, and we end up in the same situation in a year's time, what happens then? More loans etc or a failure with bigger losses for the taxpayer? If this loan is not yet agreed, the future of Flybe is not yet secure as at least one of the owners will be thinking long and hard about whether to commit more money. I think the government has been taken for fools on this deal.
Absolutely agree, we’re in the same position as last year (when existing shareholders got shafted). Just throwing money at a problem rarely solves it - something has to change drastically in order to stop a repeat next January, deferring APD or not...