Flybe has serious money backers, who don't see fit to put in the £10m collected from pax via ADP and that should have been paid over to the government. They have used tax payers money as cash flow. Nor do they see fit to invest the mooted £100m for the long term future or the airline. I see two scenarios:
1. They do not believe that the airline has a future and are not prepared to invest funds which they believe they will lose. Or 2 Flybe is owned by people who are prepared to try and take the tax payer for a ride. I read somewhere that any asset of value has been placed in trusts for protection, so Flybe the airline has probably no assets at all. The longer this goes on, the less good it looks for Flybe.