What's Going On At Fls?
Does anyone know what's going on at FLS Aerospace? Their much-vaunted joint venture at Manchester with Airtours, sorry My Travel, has ground to a halt and now there are rumours that £15m has gone missing from their balance sheet. Acting CEO, Mike Humphreys, has apparently read the riot act to his managers.
The long-suffering parent, FLS Industries, is reported to be not impressed! Rumour is that the Aerospace company will be split up and sold, but who would want to buy it?
So, chaps, what exactly is going on?