Indeed, but at least it puts to bed the "slot grab" hypothesis. If they are basing at BHX I wonder what sweeteners they have got from the airport, and which routes they are looking to serve, or resurrect from the "old Flybe". I reckon the demise of Stobart has probably come a few months to early to enable the new business to capitalise from, but I may provide a larger pool of aviation professionals from which to recruit. An ill wind and all that!