Flybe-9
Join Date: Mar 2004
Location: Dorset
Posts: 567
Likes: 0
Received 0 Likes
on
0 Posts
Clause 1.3.7 on page 178 of that document. The Slot Release Agreement contains a perpetual restriction on sale or transfer.
These slots are leasehold and not freehold, to use a property analogy. After three years you can make some changes to the leasehold property by redecorating without the landlord’s permission but you never own the freehold.
Also bear in mind that Virgin Atlantic itself had operated two of the three years with Little Red. If it was within a year of winning the jackpot of Heathrow slots as you suggest, it is highly unlikely to have thrown in the towel with that prize so close by.
These slots are leasehold and not freehold, to use a property analogy. After three years you can make some changes to the leasehold property by redecorating without the landlord’s permission but you never own the freehold.
Also bear in mind that Virgin Atlantic itself had operated two of the three years with Little Red. If it was within a year of winning the jackpot of Heathrow slots as you suggest, it is highly unlikely to have thrown in the towel with that prize so close by.
Join Date: Feb 2020
Location: Cider country
Posts: 1
Likes: 0
Received 0 Likes
on
0 Posts
uIt’s all gone very quiet maybe things have settled down and getting back to normal, possibly owners have invested the funds required without a big song and dance.
Last edited by fernlee; 21st Feb 2020 at 17:43.
Join Date: Feb 2020
Location: devon
Posts: 11
Likes: 0
Received 0 Likes
on
0 Posts
Join Date: Feb 2017
Location: aberdeen
Posts: 75
Likes: 0
Received 0 Likes
on
0 Posts
That is is optimism at its best.
Did they make head office redundancies? If not, its a bad sign. As redundancies would cost money but going under wouldn't as they would pay no-one.
Did they make head office redundancies? If not, its a bad sign. As redundancies would cost money but going under wouldn't as they would pay no-one.
Join Date: Jul 2001
Location: London
Posts: 90
Likes: 0
Received 0 Likes
on
0 Posts
Join Date: Feb 2020
Location: Cider country
Posts: 1
Likes: 0
Received 0 Likes
on
0 Posts
Maybe i am , I was talking to a few friends employed at Honiton last night and they seem it’s game over sadly
Most have put in for redundancy hoping it will be sorted before axe falls , If axe falls before then it’s government basic terms .
Join Date: Feb 2020
Location: devon
Posts: 11
Likes: 0
Received 0 Likes
on
0 Posts
Join Date: Mar 2012
Location: England, UK
Posts: 119
Likes: 0
Received 0 Likes
on
0 Posts
They are certainly not taking on flight deck. I was told all pilot recruitment for 2020 is only cadets and no DEP or DEC. Apparently they didn't even take on one experienced ex Airbus rated TC pilot.
Join Date: Feb 2020
Location: devon
Posts: 11
Likes: 0
Received 0 Likes
on
0 Posts
Join Date: Feb 2020
Location: devon
Posts: 11
Likes: 0
Received 0 Likes
on
0 Posts
MoL and WW just want to get their names and their airlines in the paper with their objections. It's was a case of everyone is talking about Flybe & Virgin Connect and not mentioning the others. Now the story is Ryanair, British Airways object to.... blah blah.
If you can't see that, you're naive.
If you can't see that, you're naive.
Ive no doubt he does wants a much publicity as he can get over this matter ,
However that doesn’t change the fact he is dead right about the fact a company with backers as wealthy as flybe’s should not be bailed out after years of inept at best management by the British taxpayer , The mess they are currently in is solely of their own making .
Join Date: Jun 2001
Location: britain
Posts: 592
Likes: 0
Received 0 Likes
on
0 Posts
The mess was not the new owners fault and they have been trying to sort it out
The ramificatons of FlyBe collapsing are huge, not just for the employees but for several regional airports
This thread is rehashing yhe same sort arguments again.
It's yime yo syop and just wait to see what happens
The ramificatons of FlyBe collapsing are huge, not just for the employees but for several regional airports
This thread is rehashing yhe same sort arguments again.
It's yime yo syop and just wait to see what happens
Join Date: Feb 2020
Location: devon
Posts: 11
Likes: 0
Received 0 Likes
on
0 Posts
The mess was not the new owners fault and they have been trying to sort it out
The ramificatons of FlyBe collapsing are huge, not just for the employees but for several regional airports
This thread is rehashing yhe same sort arguments again.
It's yime yo syop and just wait to see what happens
The ramificatons of FlyBe collapsing are huge, not just for the employees but for several regional airports
This thread is rehashing yhe same sort arguments again.
It's yime yo syop and just wait to see what happens
Flybe will only collapse if the owners wish it to collapse .
Join Date: Feb 2020
Location: devon
Posts: 11
Likes: 0
Received 0 Likes
on
0 Posts
