davidjohnson6 " To add a sense of scale, with the Flybe share price at 55 pence, the market capitalisation of Flybe (ie the value of the company as a whole, including all cash in the bank and any aircraft, spares or land that Flybe may own) is £41m - yes 41 million pounds."
I'm not sure how you arrived at this figure and it may indeed be correct. But did you include in this calculation that only about a third (possibly less if I remember correctly) of the entire company shares were floated/traded in the stock market. If you've not considered that's then your figure will be considerably underestimating Flybe's actual value.