Oh I concur! Just thought it was amusing that shareholders in Flybe PLC are actually holding 'Spacegrand' stock.
JEA and Spacegrand ran in parallel in the 1980s until at least 1986ish, when the latter's fleet was transferred over to the JEA AOC. I think at one earlier point they both had separate licenses for London City ( or London STOLPORT as it was then ) and merrily carried on doing their own things.