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Flybe-9

Old 21st Feb 2020, 10:45
  #3381 (permalink)  
 
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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 landlordís 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.
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Old 21st Feb 2020, 11:39
  #3382 (permalink)  
 
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Certainly my understanding as well. I don't believe the remedy slots ever become fully theirs.
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Old 21st Feb 2020, 17:23
  #3383 (permalink)  
 
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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 18:43.
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Old 21st Feb 2020, 19:07
  #3384 (permalink)  
 
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Talking

Originally Posted by fernlee View Post
uItís 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.



As Capt mainwaring might say ,

I think you are in the realms of fantasy here Jones ....
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Old 22nd Feb 2020, 11:31
  #3385 (permalink)  
 
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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.
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Old 22nd Feb 2020, 12:08
  #3386 (permalink)  
 
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Originally Posted by cabsav View Post
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.
I believe that staff are leaving involuntarily at the moment
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Old 22nd Feb 2020, 12:31
  #3387 (permalink)  
 
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They annunced weeks ago that there would be some back office redundancies because some the work could be picked up by the airline partners
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Old 22nd Feb 2020, 12:59
  #3388 (permalink)  
 
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But the question is, has that process been implemented. If not, there is a reason.
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Old 22nd Feb 2020, 13:38
  #3389 (permalink)  
 
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Originally Posted by cabsav View Post
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.

Maybe i am , I was talking to a few friends employed at Honiton last night and they seem itís game over sadly



Most have put in for redundancy hoping it will be sorted before axe falls , If axe falls before then itís government basic terms .
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Old 22nd Feb 2020, 13:45
  #3390 (permalink)  
 
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Originally Posted by STN Ramp Rat View Post
I believe that staff are leaving involuntarily at the moment

Canít blame them , Hear easyjet are actively recruiting flybe staff at a number of bases
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Old 22nd Feb 2020, 13:52
  #3391 (permalink)  
 
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Originally Posted by STN Ramp Rat View Post
I believe that staff are leaving involuntarily at the moment
'Involuntary' means they're getting sacked or made redundant - typo?
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Old 22nd Feb 2020, 13:57
  #3392 (permalink)  
 
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Originally Posted by VHF4 View Post
Canít blame them , Hear easyjet are actively recruiting flybe staff at a number of bases
The post said staff are leaving INVOLUNTARILY
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Old 22nd Feb 2020, 15:17
  #3393 (permalink)  
 
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Originally Posted by VHF4 View Post
Canít blame them , Hear easyjet are actively recruiting flybe staff at a number of bases
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.
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Old 22nd Feb 2020, 16:28
  #3394 (permalink)  
 
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https://www.newsshopper.co.uk/news/n...-flybe-rescue/


He has got a point ...
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Old 22nd Feb 2020, 18:30
  #3395 (permalink)  
 
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Originally Posted by RogueOne View Post
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.


Ive no doubt he does wants a much publicity as he can get over this matter ,
However that doesnít change the fact he is dead right about the fact a company with backers as wealthy as flybeís 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 .
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Old 22nd Feb 2020, 21:16
  #3396 (permalink)  
 
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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
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Old 22nd Feb 2020, 21:24
  #3397 (permalink)  
 
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Originally Posted by bean View Post
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 fate of the company lies with the owners ,they have more than enough cash to support the business, itís not the treasuries role to support companies that have more than enough resources to fund themselves


Flybe will only collapse if the owners wish it to collapse .
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Old 22nd Feb 2020, 22:03
  #3398 (permalink)  
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Originally Posted by Rivet Joint View Post

The q400 is built like a tank
🤣🤣 Pull the other one its got wobbly landing gear on it.
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Old 23rd Feb 2020, 07:26
  #3399 (permalink)  
 
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Originally Posted by Chesty Morgan View Post
🤣🤣 Pull the other one its got wobbly landing gear on it.



https://www.reuters.com/article/us-s...43603820071028
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Old 23rd Feb 2020, 07:55
  #3400 (permalink)  
 
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From 2007!!!!!
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