Sorry, it makes no sense at all.
Another airline can easily replace all the routes and service that Flybe provides. (although without the crippling debt and inept management)
I've yet to see a single effort to turnaround BE in the past few years besides ploughing millions of pounds into repainting planes purple and endeavoring to change the name.. I don't see what £500m of taxpayer funds will achieve besides a temporary extension before the tin pot comes banging back again; to quote Oliver Twist, "please sir, can I have some more?"
What ofher airline? Run the list.
Loganair are still digesting BMI Regional (this is the Stobart / flybe likely end game) so they’re maxed out.
Eastern not likely, ambition no longer there.
easyJet or Ryanair will cherry pick for volume and frequency needed by business can swivel. Ask IOM
Blue Islands? Nope
Aurigny? Bigger nope.
er.....
That’s it. All the lil guys are gone, a changing market and the killer of APD saw to that.
Many of the routes and frequencies will go unserved, unless Stobart really do step in and do a Loganair/BMI Regional.....