Originally Posted by
davidjohnson6
Having a bit of a bleak thought... are Flybe definitely going to launch ? One of the first lessons in finance is not to get emotionally involved and ignore what's already been spent. When appraising a project, ignore what's already happened as it can't be changed; think only of what cash needs to be committed in the future, and what return you expect on that yet-to-be-committed cash. If you expect a project to be a loss maker, it may be better just not to start the project at all and hand money back to lenders and investors... aka cut your losses instead of sinking further. A hedge fund will likely be very much aware of this concept
It looks very much to me as though the launch has been delayed probably due to uncertainties around the war situation, fuel prices, and the effects on the domestic and European economy. As you quite rightly say, if venture capitalists and hedge funds can't see a return on their investments they will cut and run.
Hope for the sake of all those who have taken up employment with them that we're wrong.