Originally Posted by
caaardiff
So what is the actual issue with Flybe? Is it riddle with debt like Thomas Cook was or is it simply operating a business model that is unprofitable? If it's debt, then surely Connect would've had sight of this before hand? If it's outright unprofitable then why get involved in the first place? If it could be profitable but needs to chop the fat, why are they so reluctant to invest and start making changes and why is the government having second thoughts all of a sudden?
Stobart are still heavily involved in this, so if Flybe were to go under, could they not just do what Loganair did with BMI and transfer the aircraft they want, continue as normal in terms of flights but start again in terms of HQ staff, crews etc etc on their own terms?
I would imagine if and when Flybe do go bust Stobart would want to keep their SEN ATR ops going so would probably use the Virgin/Connect booking engine, they may even have a few Q400s transferred to them for their new routes starting this year from GLA, EDI and BHD to SEN if indeed these routes ever start but who knows, there are so many ifs and buts going on at the present time.