Originally Posted by
Set 1013
Because it wasn’t this investor that pulled out. It was Virgin that pulled the plug.
regardless, if Flybe raises from the ashes again it won’t have the heavy chains and shackles of the debt and costs of those flipping 195 and 175 holding it back. So in a very unfortunate way it will be a better and stronger company after going through the administration process.
Thats what I heard that, but wasnt sure at the time, that Stobart Group and Cyrus Capital wants to make this work with franchise agreement with Virgin