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Flybe-9

Old 15th Apr 2020, 17:49
  #4061 (permalink)  
 
Join Date: Oct 2005
Location: Leeds, UK & Cork, Ireland
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Originally Posted by airsouthwest View Post
What also drove me mad is why nobody thought to find a way to properly utilise the E195's, given they have enough distance to fly to Spain, Malta, Finland etc surely Flybe could have found a niche route(s) that made flying them profitable or at least break even, rather than flying them on Newquay to Gatwick where they hardly made any cash.
The E195 are very difficult to make money with. Their trip costs are very similar to an A320 or 787-800, but with 50 fewer seats. I believe the maintenance on the engines is expensive and that flyBe had very expensive leases. Any plan for the E175 and E195s other than to dump them was doomed.
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Old 15th Apr 2020, 19:08
  #4062 (permalink)  
 
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I believe Saad left of his own accord
When Saad left, it was with immediate effect with Flybe having to continue paying him his huge salary for at least 12mths after his departure. I certainly donít think that he left by choice.

That said, he did manage to raise significant capital to keep the business going, and also got Flybe out of the remaining E175 order. I think he was more of a short-term turnaround specialist rather than a long term leader.

Last edited by JobsaGoodun; 15th Apr 2020 at 19:19.
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Old 15th Apr 2020, 21:04
  #4063 (permalink)  
 
Join Date: Dec 2011
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Originally Posted by V12 View Post
COW was dire but ultimate responsibility must surely lie with the Chairman who interviewed, chose, and appointed her. I have reason to believe that capable candidates weren't even invited for interview.
Welcome to 2020 and itís only going to get worse. Men more than anything just want an easy life, so donít expect the tide to change anytime soon. In todayís woke society having a female in charge is the ultimate fashion statement. Itís all COW herself ever talked about, which ironically led to hundreds of women losing their jobs. Of course these people never get the backlash their contrived actions deserve. It all sounds a familiar story, someone comes in and get results, but rubs everyone up the wrong way. They then get replaced by someone whoís probably only asset is working a room and the inevitable happens.

It is often forgotten that BE had pretty much no competition on most of their routes, and for all the bashing the q400 gets, it is probably the most economical regional plane out there. The only way this ends in bankruptcy is catastrophic bad management.
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Old 15th Apr 2020, 21:20
  #4064 (permalink)  
 
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Originally Posted by JobsaGoodun View Post
When Saad left, it was with immediate effect with Flybe having to continue paying him his huge salary for at least 12mths after his departure. I certainly donít think that he left by choice.

That said, he did manage to raise significant capital to keep the business going, and also got Flybe out of the remaining E175 order. I think he was more of a short-term turnaround specialist rather than a long term leader.
Itís called being put on gardening leave. Basically when a company cuts its nose off to spite itís face just to get someone whoís face doesnít fit out of the building regardless of the good work they might be doing (although some people are of course just plain toxic and such actions are justified). BE had clearly turned a corner under Saad, the purple colour scheme was inspired, so was the strap line faster than road or rail. We of course will never know if he could have kept up the good work but I am fairly certain he wouldnít have spent lots of money to compete for the one man and his dog that flies to the Scottish islands or on completely diluting BEs brand with that god awful new livery. For those who do not think this was madness picture EZY swapping their bright orange for a shade of subtle peach.
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Old 15th Apr 2020, 21:37
  #4065 (permalink)  
 
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Or alternatively ..gardening leave is what you dish out when during said CEO’s tenure, the business records profits of £10m but losses of £55m, (later restated to upwards of £80m.)

Saad made some major accomplishments, but having been with the business throughout his time, the culture was not good. Sadly, although this subsequently improved, it still didn’t generate any improvement to the bottom line.
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Old 16th Apr 2020, 10:08
  #4066 (permalink)  
 
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Another clueless plan by the COO. £1k day off payments and a bonus scheme if you stayed working for flybe. Yes, normally could work but working for a regional, you generally have your personal life built around the area. So he gave money to people who probably not interested in leaving anyway. P*ssed away money the company didn't have. As an idea, they should have tried a revolutionary idea called leadership and management. And these village idiots were running the company.
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Old 16th Apr 2020, 10:40
  #4067 (permalink)  
 
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I think most of us would agree that from the point of the IPO, successive leadership and management teams made a number of decisions that adversely impacted on the ability for the business to survive. Following the acquisition by Connect, Flybe was making some significant improvements and in my opinion, had the best leadership team in over a decade but sadly, insufficient funding to effect a full turnaround of the business.

Having said that, even if Flybe had obtained the much discussed £100m Govt loan - I think it would have likely succumbed to Covid-19 anyway.
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Old 16th Apr 2020, 12:01
  #4068 (permalink)  
 
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Jobs

Yes, admittedly I donít know about the last CEO but people did seem to like him.
Just thought about another corker. Not sure how much it cost but lighting up the BHX control tower. Great use of funds for a pointless exercise.And whilst your losing millions, spend hundreds of thousands on new uniform. I can only imagine strategy meetings looked like chimpanzees round a table throwing their own excrement at each other and calling it a plan.

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Old 16th Apr 2020, 20:40
  #4069 (permalink)  
 
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With the demise of Flybe Engineering Aviation Services, who will look after the Dash 8 fleet whilst awaiting new operators? Surely the administrators won't continue paying the skeleton staff from FEAS for the amount of time which will be required?
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Old 17th Apr 2020, 07:07
  #4070 (permalink)  
 
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Originally Posted by Clarke Griswald View Post
With the demise of Flybe Engineering Aviation Services, who will look after the Dash 8 fleet whilst awaiting new operators? Surely the administrators won't continue paying the skeleton staff from FEAS for the amount of time which will be required?
Ultimately as with all these administration cases, it will end up falling on the leasing companies and then they will just add to the list of creditors how much they need to claim.

But I doubt the leasing companies are in a rush to do anything. Iím not exactly sure thereís a queue of people looking for Dash8s at the moment...
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Old 17th Apr 2020, 21:39
  #4071 (permalink)  
 
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I wonder if there wasn't much more important things going on at the moment the press would be interested on how poorly managed flybe was. old news now i guess as the airline is gone forever.
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Old 17th Apr 2020, 21:57
  #4072 (permalink)  
 
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Originally Posted by jamestkirk View Post
I wonder if there wasn't much more important things going on at the moment the press would be interested on how poorly managed flybe was. old news now i guess as the airline is gone forever.
Remember that TCX select committee ? Yeah..
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Old 30th Apr 2020, 08:55
  #4073 (permalink)  
 
Join Date: Apr 2020
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Safety concerns

I saw this yesterday. This is a report from the CAA date 16/04/20 regarding operating and route licence.

What was going on at flybe??

27. CMG also relied on the provisional suspension of the AOC to submit that the CAA was obliged pursuant to Article 9(5) of the EU Regulation also immediately to take steps to suspend or revoke the OLs and RLs. It stated that one of the purposes of the EU Regulation was to ensure that the financial health of an airline did not adversely affect safety. Since SARG had identified serious breaches of safety regulations which led it to make a provisional suspension of the AOC, it followed that the OL and RLs should also be suspended or revoked. There was no prospect of Flybe remedying the safety concerns which had been identified since it lacked the manpower, cash and necessary resources to do so.
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Old 30th Apr 2020, 09:32
  #4074 (permalink)  
 
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Seems serious but also a little vague. It would be interesting if anyone did have genuine intel on this rather than rumours.
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Old 30th Apr 2020, 11:22
  #4075 (permalink)  
 
Join Date: Jun 2001
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Is the report quoyed on line?
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Old 30th Apr 2020, 11:41
  #4076 (permalink)  
 
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27. CMG also relied on the provisional suspension of the AOC to submit that the CAA was obliged pursuant to Article 9(5) of the EU Regulation also immediately to take steps to suspend or revoke the OLs and RLs. It stated that one of the purposes of the EU Regulation was to ensure that the financial health of an airline did not adversely affect safety. Since SARG had identified serious breaches of safety regulations which led it to make a provisional suspension of the AOC, it followed that the OL and RLs should also be suspended or revoked. There was no prospect of Flybe remedying the safety concerns which had been identified since it lacked the manpower, cash and necessary resources to do so.
Difficult to say without seeing the whole doc, but could this be as straigtforward as saying that once the company ceased trading, it could no longer keep it's a/c airworthy?. Didn't BE stop operating before tha AOC was pulled, rather than they stopped because the AOC was suspended?

Last edited by SWBKCB; 30th Apr 2020 at 15:23.
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Old 30th Apr 2020, 11:44
  #4077 (permalink)  
 
Join Date: Apr 2020
Location: Manchester
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whole doc. to CAA website. type in flybe and it will come under doc 1/2020 on revocation of operator and route licence.
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Old 30th Apr 2020, 12:16
  #4078 (permalink)  
 
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Or it could be that the suspension of the AOC is what finally pushed it over the edge
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Old 30th Apr 2020, 13:52
  #4079 (permalink)  
 
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Full doc is here:

https://www.caa.co.uk/uploadedFiles/...20Redacted.pdf


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Old 30th Apr 2020, 14:49
  #4080 (permalink)  
 
Join Date: Aug 2007
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Originally Posted by SWBKCB View Post
I think you are getting confused here. Flybe went into administration on March 5th and obviously the AOC was suspended. The administrators tried to maintain the Operating Licence and the AOC in suspension so that they might sell the airline. The safety concerns are post administration.
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