PPRuNe Forums - View Single Post - 30 airlines will go bust this year
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Old 13th Sep 2008, 14:24
  #30 (permalink)  
eastern wiseguy
 
Join Date: Aug 2002
Location: USA
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Flybe have cash in the bank, record profits last year and £12m profit for first quarter this year.
That they do....however with a recession looming will they have enough CUSTOMERS to fill their aircraft. I wonder how exposed they would be in a straight fight against other "lower cost" operators when every penny counts..?

£12m profit
Was that before or after the oil price spiralled up and down?
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