PPRuNe Forums - View Single Post - Euromanx- 2
Thread: Euromanx- 2
View Single Post
Old 9th May 2008, 19:56
  #707 (permalink)  
Capt. Horrendous
 
Join Date: Apr 2000
Location: IOM
Posts: 215
Likes: 0
Received 0 Likes on 0 Posts
I saw Mike Rutter make the comments re financial support on Border news . What he said was that EMX contacted Flybe offering them the business. Flybe supported EMX financially whilst they conducted an audit of the EMX business - it was that fragile. This audit highlighted that the EMX business was in dire trouble. Flybe backed away along with their money. EMX looked for further suitors but were unable to source anything.
Capt. Horrendous is offline