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Old 28th Jun 2020, 19:45
  #4215 (permalink)  
runway30
 
Join Date: Aug 2007
Location: Cardiff
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This moaning is just ridiculous, a governement loan would just have delayed the inevitable because flybe had a management that just couldn’t come up with a sustainable strategy. They were trying to operate in multiple markets and not doing a very good job in any of them. The takeover just made it worse, one shareholder wanted a long haul feed, one shareholder wanted to seed new routes to attract airlines to their airport and another shareholder just wanted to replicate the money that they made in another Virgin airline. However that airline knew what market they were in and more importantantly the passengers knew what market they were in and were prepared to pay above cost price for their ticket which is why it sold for a large amount of money.
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