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Old 1st Apr 2013, 18:46
  #2875 (permalink)  
Lord Spandex Masher
 
Join Date: Sep 2010
Location: England
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Cloudy, I don't think you need to be a financial analyst to understand that Flybe's in a bit of poo. That's a fact, two really.

Easyjet and Ryanair are huge and profitable and worth way more than Flybe. That's a fact. In fact the comparison is borderline ridiculous.

The share price is as low as it's ever been. That's a fact.

More people than expected have, or are about to, jump ship. Costing hundreds of thousands in redundancy and leaving gaping holes in crew requirements. That's a fact.

Flybe operate two of the most efficient aircraft in the world with crew who are just about the lowest paid in the country and they can't make a profit. That's a fact.

Jim French earns nearly one and a half million pounds a year, more than Willy Walsh. That was a fact but may have changed. Wonder why the losses have been so great?! It's certainly not down to your extravagant salary. That's a fact.

None of that is a secret. That's a fact.

Do you think things look good?
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