PPRuNe Forums - View Single Post - Flybe in trouble ?
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Old 15th Jan 2020, 09:56
  #174 (permalink)  
Capt Scribble
 
Join Date: Jul 1999
Location: England
Posts: 436
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The Rt Hon, likewise. TCX was after £200m cash cover and ended up costing vastly more than that. However, I do not believe it was in a healthy state and think that extra money would have just kicked the can down the road. Deferring or forgoing the APD from Flybe will save the Statutory redundancy/PILON etc and possibly Allow them to restructure, and not actually ‘cost’ anything. But they have been in trouble for sometime and Something needs to change radically.
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