Originally Posted by
JobsaGoodun
Sorry but I simply don’t buy the fact that it’s the same staff. The CEO, COO, CCO and CTO are all new into the business. Sure there will be some operational staff who chose to seek new employment with the business but surely that’s no surprise, given the airports served. The board of Flybe is also new.
I really don't understand why some simply can't accept that; a) it was a totally legal buy out of administration, b) it is a new business, and c) because - for some strange reason, they just chose to use the same trading name for the new business.
I completely understand the frustration with the way in which in UK, among other jurisdictions, it is quite legal for businesses to be bought out of administration with no liability for the debts of the defunct business, and I have been on the wrong end of such transactions during my working life. Really these frustrations (and particularly the Flybe case) should find their way to a business ethics thread within Jet Blast.