As the guy says 'not the geatest of assets to hold'. I should imagine that any potential investor would be looking for considerably more profit before investing. I would hazard a guess that 'venture capitalists' would be less than keen in such an investment, surely they look for purchase/sales at knock down prices and assets that can be dispossed of with high return. The industry is still in a fragile situation which could be damaged at any time should the fuel price increase. FlyBe I should imagine have very little tangible assets and probably high interest loans. I am happy to be corrected with positive infomation.