I’m not sure Hammad’s tenure was anymore glorious in all honesty. Yes he took over in 2013 and recorded a profit in 2014 of £8.1m but in 2015 Flybe had sunk to a £35.6m loss only to record a tiny £2.7m profit in 2016. Hammad then left at the end of October 2016 with C.O.W joining in January 2017. The loss for 2017 was recorded as £19.9m but was subsequently restated in 2018 to a whopping £48.5m via an impairment.
Don’t get me wrong, I didn’t and do not rate either of them as CEO’s but I’m not sure you can blame C.O.W for this restated loss when she only joined Flybe 2mths before year end. That said, both of these CEO’s reported to the same Chairman who should surely also share the responsibility for the performance and who should never have sanctioned a crazy battle with Loganair. Worrying more about your competition than your customer will always end badly.