Its not a rumour Mr Spaceman, Willie W is directly quoted from a meeting with our reps two days ago.
He made it clear that if FLYBE try to wriggle out of the deal he will be out for blood and, most interestingly, would use BACON aggressively to deal that bloody nose.......!!! His view is that legally FLYBE are on the hook and have got to complete the deal.
He also said that if the deal fell over BA would protect all its slots and routes and ,contrary to what FLYBE think, they would not be able to pick them up for nought.
That I find a very odd statement because
1 It implies that BA would hang on to the company if French pulls out
2. How the hell does he think BA could suddenly succeed in pulling BACON out of the mire
I am confused and have more than a sense that this will end in tears all round.
As for FLYBE I am more and more convinced that this deal will be a disaster and is just too big for them. They dont have the skills or the capital to make it work.
(PS Id say their new advertising campaign for Q400 pilots smacks of desperation!)