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Flybe-9

Old 2nd Feb 2020, 20:36
  #3081 (permalink)  
 
Join Date: Aug 2014
Location: BHX
Posts: 305
Dire as flybe’s situation is maintenance in my experience is never compromised and legally can not be . Operators have a legal responsibility to maintain the aircraft IAW with the prescribed schedules and cannot just decide to save a few quid and decide what they will and won’t do .
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Old 2nd Feb 2020, 20:40
  #3082 (permalink)  
 
Join Date: Aug 2009
Location: BMA
Posts: 563
Guys. This site is a rumour network. As far as I can see no rules have been broken in questioning this deal or the viability of Flybe. Other users are well within their rights to disagree with bailing out a pretty consistently badly run airline. Letís agree to disagree and focus on the discussion rather than reporting each other.

The Luxembourg add is a random one. Surely there are better gaps in the market to go for than LCY-LUX.
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Old 2nd Feb 2020, 20:49
  #3083 (permalink)  
 
Join Date: Jan 2020
Location: Deutschland
Posts: 48
Thank you.
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Old 2nd Feb 2020, 23:03
  #3084 (permalink)  
 
Join Date: Jul 2002
Location: In the sticks
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If the airline is to be saved then it is down to the shareholders to invest enough capital but it seems they don’t wish to do this despite deep pockets. The question has to be asked why?
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Old 3rd Feb 2020, 01:26
  #3085 (permalink)  
 
Join Date: Nov 2001
Location: London Whipsnade Wildlife Park
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Heathrow slots. If the poster is correct from a few days ago? 6th season ends in March, then they pass into Flybe ownership permanently. Cannot be true, can it?
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Old 3rd Feb 2020, 03:29
  #3086 (permalink)  
 
Join Date: Apr 2010
Location: London
Posts: 554
Originally Posted by Albert Hall View Post
So youíre seriously short of cash and you go into competition with the national carrier of Luxembourg on a route where they canít afford to lose a war. Genius.
So very Flybe. Orkney/Shetland/Hebrides all over again.
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Old 3rd Feb 2020, 07:50
  #3087 (permalink)  
 
Join Date: Jun 2006
Location: Planet no. 3
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Originally Posted by LTNman View Post
If the airline is to be saved then it is down to the shareholders to invest enough capital but it seems they donít wish to do this despite deep pockets. The question has to be asked why?
See #3025: https://www.pprune.org/airlines-airports-routes/599822-flybe-9-a-155.html#post10675499

Asset stripping
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Old 3rd Feb 2020, 08:04
  #3088 (permalink)  
 
Join Date: Feb 2018
Location: UK
Posts: 173
Originally Posted by LTNman View Post
If the airline is to be saved then it is down to the shareholders to invest enough capital but it seems they donít wish to do this despite deep pockets. The question has to be asked why?
Bosses claim company is about to go bust, go to Government with a begging bowl in order to survive. Short time later, also ask for a commercial loan, Gov says no, then the company folds and the bosses blame the Gov for not giving them the money and claim the Gov are the bad guys and itís not our fault!

Absolutely no way the Gov should be giving financial support given the available cash of the shareholders, as has been said, thereís a very good reason theyíre not stumping up their own cash!
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Old 3rd Feb 2020, 09:07
  #3089 (permalink)  
 
Join Date: Aug 2014
Location: BHX
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Originally Posted by Atlantic Explorer View Post
Bosses claim company is about to go bust, go to Government with a begging bowl in order to survive. Short time later, also ask for a commercial loan, Gov says no, then the company folds and the bosses blame the Gov for not giving them the money and claim the Gov are the bad guys and itís not our fault!

Absolutely no way the Gov should be giving financial support given the available cash of the shareholders, as has been said, thereís a very good reason theyíre not stumping up their own cash!

Branson saying this morning there are sound reasons why investors are not putting cash forward .......i bet there are !
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Old 3rd Feb 2020, 10:01
  #3090 (permalink)  
 
Join Date: Mar 2012
Location: England, UK
Posts: 119
Rumour has it that crews are being advised by base managers (low key internal announcement) that they will get the government loan/bailout. This will secure jobs for 3 years apparently. Hoping this is true and congratulations to all at BE.
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Old 3rd Feb 2020, 11:06
  #3091 (permalink)  
 
Join Date: Mar 2017
Location: EGAC
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Originally Posted by Set 1013 View Post
Rumour has it that crews are being advised by base managers (low key internal announcement) that they will get the government loan/bailout. This will secure jobs for 3 years apparently. Hoping this is true and congratulations to all at BE.

And what base is this supposed low key internal announcement happening at? Certainly not what I have heard.

Please keep baseless rumours to a minimum
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Old 3rd Feb 2020, 11:08
  #3092 (permalink)  
 
Join Date: Mar 2012
Location: England, UK
Posts: 119
Originally Posted by Jenny Tails View Post
And what base is this supposed low key internal announcement happening at? Certainly not what I have heard.

Please keep baseless rumours to a minimum
It's not baseless.
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Old 3rd Feb 2020, 11:30
  #3093 (permalink)  
 
Join Date: Apr 2009
Location: Edinburgh
Posts: 694
Originally Posted by Jenny Tails View Post
And what base is this supposed low key internal announcement happening at? Certainly not what I have heard.

Please keep baseless rumours to a minimum
What have you heard ???
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Old 3rd Feb 2020, 11:59
  #3094 (permalink)  
 
Join Date: Aug 2014
Location: BHX
Posts: 305
Originally Posted by Set 1013 View Post
Rumour has it that crews are being advised by base managers (low key internal announcement) that they will get the government loan/bailout. This will secure jobs for 3 years apparently. Hoping this is true and congratulations to all at BE.


Given the way we are haemorrhaging cash ,100 million is not going to last 3 months never mind 3 years ...get real dude


https://www.devonlive.com/news/devon...ounded-3804900

We need 500 million loan to sort this out ..ASAP

Last edited by Brigantee; 3rd Feb 2020 at 12:17.
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Old 3rd Feb 2020, 12:33
  #3095 (permalink)  
 
Join Date: Mar 2012
Location: England, UK
Posts: 119
Originally Posted by Brigantee View Post
Given the way we are haemorrhaging cash ,100 million is not going to last 3 months never mind 3 years ...get real dude


https://www.devonlive.com/news/devon...ounded-3804900

We need 500 million loan to sort this out ..ASAP
Hey dude,

I never stated it was a £100m loan. I hear it was a loan for the next 3 years. I agree though, it would have to be more like £500m to do that. Hell of a loan to repay though.

This is just what I have been told. As an ex employee myself (very fond of the old place too) I genuinely hope its true and it works out for you all there.
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Old 3rd Feb 2020, 12:36
  #3096 (permalink)  
 
Join Date: May 2005
Location: U.K
Posts: 695
Originally Posted by Set 1013 View Post
Hey dude,

I never stated it was a £100m loan. I hear it was a loan for the next 3 years. I agree though, it would have to be more like £500m to do that. Hell of a loan to repay though.

This is just what I have been told. As an ex employee myself (very fond of the old place too) I genuinely hope its true and it works out for you all there.
If the Government give in excess of £100mil over a 3 year period, then that really pushes the definition of state aid !!. I wouldn't expect the likes if IAG, RYR to just accept it.
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Old 3rd Feb 2020, 12:54
  #3097 (permalink)  
 
Join Date: Mar 2017
Location: EGAC
Posts: 87
Originally Posted by Jenny Tails View Post
And what base is this supposed low key internal announcement happening at? Certainly not what I have heard.

Please keep baseless rumours to a minimum
Certainly nothing I'd want to put on here until it comes from official channels. Good news or bad. Just wait for an official announcement.
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Old 3rd Feb 2020, 13:44
  #3098 (permalink)  
 
Join Date: Aug 2014
Location: BHX
Posts: 305
[QUOTE=Set 1013;10678343]Hey dude,

I never stated it was a £100m loan. I hear it was a loan for the next 3 years. I agree though, it would have to be more like £500m to do that. Hell of a loan to repay though.

This is just what I have been told. As an ex employee myself (very fond of the old place too) I genuinely hope its true and it works out for

Ive heard a figure of 500 million being what the offer will be to get us sorted ....MOL the rest can do what they want it won’t effect things .
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Old 3rd Feb 2020, 14:09
  #3099 (permalink)  
 
Join Date: Feb 2020
Location: UK
Posts: 3
Originally Posted by Jenny Tails View Post
And what base is this supposed low key internal announcement happening at? Certainly not what I have heard.

Please keep baseless rumours to a minimum
There was a base manager telling his crews all sorts of baseless rubbish a few weeks ago when the Sky News story first broke - I don't know if it's the same one, but there are people within the company willing to behave like that.

Equally, I'm not saying this isn't true - I hope for everyone involved that it is. Time will tell.
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Old 3rd Feb 2020, 14:12
  #3100 (permalink)  
 
Join Date: Jun 2001
Location: britain
Posts: 394
I'm pleased to see more supportive posts on this thread.
I knew Jack Walker and quite a few Jersey based crew who lost their jobs on 2014
I wish those working for the company well
Jom French should be stripped of his CBE
If itwasn't for his daft commitments to a large fleet of Embraersit ridiculous lease prices, this mess probably have not occured
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