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Flybe-9

Old 19th May 2020, 14:34
  #4121 (permalink)  
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GECOI Just leaving Manchester the first of many?.
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Old 19th May 2020, 16:20
  #4122 (permalink)  
 
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Looks like it's landing at Oslo Torp. Return to lessor?
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Old 19th May 2020, 16:25
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Looks like it's landing at Oslo Torp
Believe Wideroe have DHC8 maintenance there.
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Old 19th May 2020, 18:17
  #4124 (permalink)  
 
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FR24 states it landed at Skien, more likely Sandjeford. Wideroe have a maintenance hangar there.

https://www.flightradar24.com/data/a...-ecoi#2486f267



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Old 19th May 2020, 18:18
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I see Cyrus are in the hot seat to buy Virgin Australia...
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Old 22nd May 2020, 15:27
  #4126 (permalink)  
 
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G-JECX has departed IOM for the final time. Heading to Maastricht.
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Old 23rd May 2020, 14:18
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Have the simulators already gone back to FSI FAB now the academy is sold.

Be interesting to know how much the building was bought for as the article says It sold for ‘a fraction’ of the £12m it cost to build.







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Old 23rd May 2020, 14:56
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Flybe Academy goes into public ownership

Link above probably has as close to the answer as you might get publicly.
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Old 24th May 2020, 05:58
  #4129 (permalink)  
 
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Originally Posted by jamestkirk View Post
Have the simulators already gone back to FSI FAB now the academy is sold.

Be interesting to know how much the building was bought for as the article says It sold for ‘a fraction’ of the £12m it cost to build.

The Embraer Sim, was dismantled and packed away and sent away within about 4 days of the company going out of business. The Dash Sim lasted until about the end of March I believe, before it was dismantled and sent back to FSI at Farnborough. I believe the Embraer Sim is going to FSI at Paris.

Last edited by Whispering Giant; 24th May 2020 at 05:59. Reason: Spelling and grammer
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Old 1st Jun 2020, 15:38
  #4130 (permalink)  
 
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Dash Eight G-JECY over London at FL250 (ex Manchester) this afternoon June 1st 2020.
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Old 1st Jun 2020, 15:54
  #4131 (permalink)  
 
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Originally Posted by nohold View Post
Dash Eight G-JECY over London at FL250 (ex Manchester) this afternoon June 1st 2020.
As airports start to open up, they will want shot of the Q400’s pronto!
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Old 2nd Jun 2020, 12:53
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I suppose it’s difficult to get positioning pilots positioning about.

i would guess a skeleton amount of employees are in EXT but once the boarders open EY will sell all and shut up shop.

Hopefully when it’s all over there will be some investigation into what I read in one article called the years of ‘mismanagement and misadventure’. In my opinion it’s important so the people responsible don’t get the chance to destroy another company and in by doing so put thousands out of work.

The ex staff are entitled to know the chain of events.




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Old 2nd Jun 2020, 13:07
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I very much doubt the shenanigans will be revealed in public. I imagine that senior management will have their CVs marked by the collapse of Flybe - there are too many potential libel lawsuits and nobody is paying for a public inquiry.

If being hired for a role paying over £100k, you can certainly expect a new employer to Google the person and look them up at Companies House, even if they find a way to disguise their employment at Flybe. Any new employer is likely to be significantly smaller and lower profile
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Old 3rd Jun 2020, 10:21
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Whilst I agree with the sentiment, doesn't 'mismanagement and misadventure' just mean bad decision making? I agree with davidjohnson6, the adventures of Flybe will have placed a less than desirable mark on the CV's of those senior executives involved in the decision making, and unfortunately even for those who might have disagreed with some of those decisions. Sound corporate governance during a recruitment process is vital.
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Old 3rd Jun 2020, 10:45
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Originally Posted by jamestkirk View Post

Hopefully when it’s all over there will be some investigation into what I read in one article called the years of ‘mismanagement and misadventure’. In my opinion it’s important so the people responsible don’t get the chance to destroy another company and in by doing so put thousands out of work.

The ex staff are entitled to know the chain of events.
What would an investigation reveal that we don't already know? That flyBe was saddled with an expensive and inappropriate (jet) fleet, had higher costs than aviation peers and poor market positioning at most of its largest stations. flyBe inherited legacy costs and obligations from the various mergers and purchases that formed it, BA Connect in particular - which was so loss making that BA paid flyBe to take it. Its a shame that the airline did not thrive, but it had a huge hill to climb with the expensive fleet a millstone around its neck, the APD eating into revenue from both domestic sectors and fierce competition from major UK bases from easyJet, Ryanair, Jet2 and BA.

The decision to increase the ACMI flying operation was a move in the right direction, but even that introduced complexity adding ATRs to a Q400/E-Jet fleet. Trying to hub with Virgin at MAN was an act of desperation and always doomed to my mind. No short-haul franchise partner has ever worked for VS and there have been a few over the years.
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Old 4th Jun 2020, 14:50
  #4136 (permalink)  
 
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Old 4th Jun 2020, 15:13
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You should tidy up that notification bar
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Old 4th Jun 2020, 18:26
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Originally Posted by Startledgrapefruit View Post
You should tidy up that notification bar
Totally agree!
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Old 7th Jun 2020, 19:18
  #4139 (permalink)  
 
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  1. As to the interest from theinvestor, it was said that they were considering providing financial support to a European/UK partner making a bid for the operations of Flybe. Discussions were said to be ongoing to identify potential partners although these were not far enough progressed to be able to provide details. Supporting evidence of e-mail communications showed that a third party advisor who represented this investor had been granted access to the relevant data room, had signed an NDA and had been sent a copy of the relevant information memorandum.
  2. As to the interest from the non-EU resident individual, there was also supporting e-mail correspondence showing the signing of an NDA and provision of the information memorandum, together with an e-mail dated 3 April 2020 referring to an offer of  for certain items including the AOC, aircraft, “appropriate slots and routes to opaircraft”,flight simulator and 3 spare engines. This was described as a non-binding offer expressing interest in a cash deal for Flybe operations based on  aircraft. It was said that the EY M&A team and Flybe management were supporting this party in developing a financial model.

    The above is from the CAA doc. Has anyone got any idea if these two options were progressed or are progressing? Probably delayed while Covid 19 savaged the industry.
    Interesting to see what will happen (if anything)
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Old 8th Jun 2020, 08:19
  #4140 (permalink)  
 
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Originally Posted by Jamie2009 View Post
  1. As to the interest from theinvestor, it was said that they were considering providing financial support to a European/UK partner making a bid for the operations of Flybe. Discussions were said to be ongoing to identify potential partners although these were not far enough progressed to be able to provide details. Supporting evidence of e-mail communications showed that a third party advisor who represented this investor had been granted access to the relevant data room, had signed an NDA and had been sent a copy of the relevant information memorandum.
  2. As to the interest from the non-EU resident individual, there was also supporting e-mail correspondence showing the signing of an NDA and provision of the information memorandum, together with an e-mail dated 3 April 2020 referring to an offer of  for certain items including the AOC, aircraft, “appropriate slots and routes to opaircraft”,flight simulator and 3 spare engines. This was described as a non-binding offer expressing interest in a cash deal for Flybe operations based on  aircraft. It was said that the EY M&A team and Flybe management were supporting this party in developing a financial model.

    The above is from the CAA doc. Has anyone got any idea if these two options were progressed or are progressing? Probably delayed while Covid 19 savaged the industry.
    Interesting to see what will happen (if anything)
How does one buy an AOC and, for that matter, slots without having either the organisation, finances or aircraft in place?
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