Originally Posted by
airsouthwest
They couldn't make it work because the airline was too big, they couldn't get rid of aircraft on leases as it was too costly. The E-jets we're costing massive amounts in leasing. On top of this they had a training academy losing thousands they couldn't close because it was part owned by the government & Credit card providers refused to hand over cash since 2018. £60 million pounds owed to Flybe by the time it went bust.
The good thing is a new Flybe can be more controlled, with cheaper leased aircraft already painted in the livery, No cash burdens like the training academy. Give Cyprus has previous experience with Virgin America I think they stand a pretty good chance. People need to stop being negative, that's all we've had in 2020. Lets look to the future, rebuild aviation along with the country and just try to support businesses to thrive again!
People are negative because Wales and Ireland just went full on lockdown, and in all honesty we have no idea for how long. Calling it a "two week fire break" is getting filed next to "Three weeks to give the NHS time to manage capacity." Until the current insanity passes, there's no sign of things getting better. Flybe is a failed airline, let it RIP. They won't bring anything that Loganair, Aurigny, Eastern, Blue Islands and Stobart can't do already.
It's not enough to "try and support a business", you need a solid business plan, solid financing and deep pockets in a good year, and er....there have been better years.