Originally Posted by
virginblue
Won't they face serious cash flow problems or are monies received by Flybe for flights of franchisees put in escrow?
Pass, I don't know that arrangement. But from experience, I imagine they'll be out of pocket for it.
Any prospect of 'rescuing' anything from administration in this industry is dilusional. That's not how this works, until the CAA changes thing. There is nothing to recover. All of Flybe's assets are debt secured and then you have all the aircraft on lease, there's literally nothing to recover. You might end up with a bunch of cheap leases for an existing operator to expand and grab the Dash8s... but the AOC will be gone and more.