Several of the 195s were leased from Falko, which has no connection to Flybe shareholders throughout any era. One of the (many) problems was that the 195s were on reverse-stepped rentals so that in the early days, cheaper rentals worked quite well. The theory was that as passenger growth matured and the market continued to grow, the airline could then afford higher monthly lease rates later in the deal ($210-230k/month if I remember rightly). Clearly as we all know, that didn't happen and so the ability to pay the rentals was decreasing at a time when the rentals to which they had committed were increasing, and a yawning gap developed between costs and revenue.