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Old 27th Feb 2007, 18:59
  #177 (permalink)  
akerosid
 
Join Date: Aug 1999
Location: Dublin, Ireland
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Flybe in trouble?

All of a sudden, things look a bit dicey for Flybe ... see FT article on front page (Rumours and News) ... not like them to sensationalise.

Will they conclude BACON purchase tomorrow? If not, where next?

Worst case scenario for JER? Flybe goes belly up. Chances of replacement at short notice? Jet 2? Easy? (Gasp ...) FR. Could be a bit uncomfortable.

As for today's bleating in the JEP over the subsidy for BMI's LHR route, a little hypocritical I think. BE was perfectly willing to take a subsidy for operating Paris route (indeed, more than was being offered); as for "offer" to operate LHR route from JER, complete piffle. They offered slots to JER (in full knowledge that States, or any non-airline couldn't own them), then sold them to QF at a considerable profit.

Hopefully BE can pull through, but I wouldn't like to be Mike French tonight; possibly a very poor night's sleep ahead ...
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