As I mentioned earlier:
It would appear that, on the face of things, Flybe has burned through £200m in a year. That's the £100m in unpaid APD (calculated by another poster as around 12 months' worth), plus the £100m that Virgin and friends were supposed to be putting in.
Surely losses of that degree are virtually insurmountable - unless of course the rescuers didn't stump up the cash they pledged.....
Now that Stobart (as a public company) has confirmed that the consortium has injected £110m, the total 'burned through' in the year looks like £216m. Astonishing.
Even allowing for the EU waiting six months to agree the deal (why were they even involved?), that's an awful lot of money.