Flybe-9
Join Date: Apr 2010
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I would say NI would be OK, easyJet have flown from BHD before and it used to be a Loganair stronghold. I think the demand is there.
I am convinced Flybe is being allowed to fail so that Connect Airways can re-employ staff more cheaply, renegotiate airport contracts etc. as Virgin Connect. With Dash 8s.
I am convinced Flybe is being allowed to fail so that Connect Airways can re-employ staff more cheaply, renegotiate airport contracts etc. as Virgin Connect. With Dash 8s.
I would say NI would be OK, easyJet have flown from BHD before and it used to be a Loganair stronghold. I think the demand is there.
I am convinced Flybe is being allowed to fail so that Connect Airways can re-employ staff more cheaply, renegotiate airport contracts etc. as Virgin Connect. With Dash 8s.
I am convinced Flybe is being allowed to fail so that Connect Airways can re-employ staff more cheaply, renegotiate airport contracts etc. as Virgin Connect. With Dash 8s.
Join Date: Jun 2016
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(Similarly if FlyBe fails the CI residents will suffer: AUR isn't that healthy, and ACI has already seen its service deteriorate.)
That said it's a tall order to subsidise and yet avoid boosting the profits of other airlines and the pockets of airline investors, and keeping the green agenda going. Above my pay grade, that one.
That said it's a tall order to subsidise and yet avoid boosting the profits of other airlines and the pockets of airline investors, and keeping the green agenda going. Above my pay grade, that one.
Join Date: Jan 2017
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I must be a cynic too, if this payment is deferred, it will never be seen again in the form of a payback to the Gov. I really feel for the frontline staff throughout all this, its disgraceful from the people above and in charge at Flybe. If any other major company were to default on tax payments the Gov would come down hard on them, not technically "let them off the hook" which is what could happen with all this.
Join Date: Aug 2014
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Flybe is vital for the UK and the goverment won’t allow it to fail , I’m confident we will get the funding we deserve thus enabling us to continue and carry on giving the great service to places the likes of easy jet won’t provide a service
Join Date: Jul 2002
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Why does Flybe deserve funding? Most of their routes are not vital either. They have been failing for years. Any government investment will end up in the pockets of the owners and the airline will still collapse.
Join Date: Jul 2008
Location: UK
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Why shouldn't Virgin group, Stobart group, and Cyrus Capital Partners provide the funding?
Considering they screwed the shareholders by paying a paltry £2.8m, why isn't the Connect consortium rushing to provide funding to keep such a 'vital' airline afloat?
I don't feel the taxpayer should be held liable to pay for Flybe's managements awful decision making.
Join Date: Mar 2006
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Brigantee, you have my sympathy for the position you find yourself in.
Unfortunately I have to agree with previous posters that apart from a few services, Flybe is not vital to the UK. As I have said on another thread, the government should not get involved in the running of a PLC. If the government provides a lifeline now, does that also mean that if Flybe ever becomes profitable the government will get a profit share?
At the risk of repeating myself, the founders of the Connect Airways consortium are not short of money so why come to the government? If they are sure that their turnaround plan will work then they would have stumped up the cash themselves. Their current practice is a good way of getting another £100 million from the tax payer to line their pockets.
If a company can’t be self sufficient then their is only option available.
Unfortunately I have to agree with previous posters that apart from a few services, Flybe is not vital to the UK. As I have said on another thread, the government should not get involved in the running of a PLC. If the government provides a lifeline now, does that also mean that if Flybe ever becomes profitable the government will get a profit share?
At the risk of repeating myself, the founders of the Connect Airways consortium are not short of money so why come to the government? If they are sure that their turnaround plan will work then they would have stumped up the cash themselves. Their current practice is a good way of getting another £100 million from the tax payer to line their pockets.
If a company can’t be self sufficient then their is only option available.
Join Date: Nov 1999
Location: Edinburgh
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"Vital" and "Monopoly" don't always sit square with "Profit". You need to consider "Cost" "Breakeven" and "Lack of economies of scale" for starters. More detailed answers are available from any good Business School.
Join Date: Jan 2006
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Join Date: Feb 2002
Location: East Midlands
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Join Date: Feb 2002
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At the risk of repeating myself, the founders of the Connect Airways consortium are not short of money so why come to the government? If they are sure that their turnaround plan will work then they would have stumped up the cash themselves. Their current practice is a good way of getting another £100 million from the tax payer to line their pockets.
Seems a deal has been reached with HMG to keep them trading.
https://news.sky.com/story/cabinet-t...ckage-11908144
https://news.sky.com/story/cabinet-t...ckage-11908144
Join Date: Mar 2006
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It is also a bit rich claiming unfair competition while at the same time enjoying a deferral of paying a years worth of APD to the government. The airlines you mention above have both paid the APD as required instead of using it to keep the company afloat.
Last edited by CEJM; 14th Jan 2020 at 17:25.
Join Date: Aug 2004
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Glad they’ve been saved; not just for the many employed over course, but the airline is unique throughout the U.K.
That said, I Hope U.K. Plc is braced for many legal challenges from the likes of those mentioned above.
That said, I Hope U.K. Plc is braced for many legal challenges from the likes of those mentioned above.