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Old 13th May 2020, 08:34
  #4123 (permalink)  
Join Date: Oct 2004
Location: UK
Posts: 743
I agree. Most believe it was just a matter of when. Coronavirus or HMG was not the problem causing of the downfall of flybe.

EY were marketing the administration as a going concern. They already have taken the next step down from that and iMHO it will be soon when they announce a further step down to say that it is a liquidation exercise.

I can only assume the offers EY had for the company were chancers at unacceptably low or asset strippers trying to the advantage of the situation. Personally, i believe realistic offers would be for asset stripping but of course could be totally wrong.

jamestkirk is offline