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Old 7th Nov 2018, 10:52
  #761 (permalink)  
 
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Share price on the rise
over 12p now
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Old 13th Nov 2018, 21:13
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Thrown in the towel?

https://news.sky.com/story/brexit-an...-sale-11553619
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Old 13th Nov 2018, 21:15
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Reasons cited include Brexit and weak pound. The entire airline is now worth only £25m. Who'd want to buy though?
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Old 13th Nov 2018, 21:31
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Most likely Stobart Group, but I guess possibly Air France KLM or even IAG could be an option.
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Old 13th Nov 2018, 21:32
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Can smell easyjet already in the background looking at Flybe’s slots at its key cities.....
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Old 13th Nov 2018, 21:32
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It says for sale or merger. Wonder if they have an airline in mind for a merger already?
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Old 13th Nov 2018, 21:34
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Originally Posted by PDXCWL45
It says for sale or merger. Wonder if they have an airline in mind for a merger already?
Stobart have looked at Flybe in recent time
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Old 13th Nov 2018, 21:45
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Originally Posted by EZYMAN


Stobart have looked at Flybe in recent time
Yes I think that all of us on here are very aware of that information!
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Old 13th Nov 2018, 21:45
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https://news.sky.com/story/brexit-an...RmASRB9NvnrcS8
Flybe, the UK-based airline, is putting itself up for sale weeks after a savage profit warning triggered by currency volatility and higher fuel costs sent its shares plunging.
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Old 13th Nov 2018, 21:48
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My money is on IAG as previously posted.

Keep the stand alone routes that make money, roll some of the fleet into EI and some into CityFlyer.


cs
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Old 13th Nov 2018, 21:50
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It's already being discussed and the link that you have provided has already been done so if you look back to post 783.
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Old 13th Nov 2018, 21:52
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Originally Posted by canberra97


It's already being discussed and the link that you have provided has already been done so if you look back to post 783.
Ah yes, good spot! Cheers
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Old 13th Nov 2018, 21:53
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Originally Posted by cornishsimon
My money is on IAG as previously posted.

Keep the stand alone routes that make money, roll some of the fleet into EI and some into CityFlyer.


cs
Which would mean Flybe and the bulk of regional flying in the UK will be dead as IAG only care about London and Dublin.
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Old 13th Nov 2018, 21:54
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If these other operators really want it, and evidently that is not a strong 'want' as a deal has not been done up til now, why would they not let it fold and pick up the bits that are valuable piecemeal?
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Old 13th Nov 2018, 22:02
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Originally Posted by cornishsimon
My money is on IAG as previously posted.

Keep the stand alone routes that make money, roll some of the fleet into EI and some into CityFlyer.


cs
I tend to agree with you regarding the above, I can only see IAG being interested in Flybe, exactly where the airline fits into EasyJet operations I can not honestly see.

Perhaps Stobart might return to the table especially now that the airlines management have officially announced that Flybe is now up for sale and at a very knockdown price.
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Old 13th Nov 2018, 22:04
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Originally Posted by PDXCWL45
Which would mean Flybe and the bulk of regional flying in the UK will be dead as IAG only care about London and Dublin.

i don’t disagree with what you say

and I don’t think it would be the answer to the problem

however. Flybe operate similar sized aircraft as CityFlyer. They operate to DUB, LGW, LCY and LHR

cityflyer not only send aircraft to EXT for mx on occasions, they also send aircraft out of the UK.

By buying flybe group they would be getting themselves a well regarded aircraft maintenance facility for probably less than it costs to fly an empty one to Europe and have the maintenance performed.

Just my thoughts.

cs
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Old 13th Nov 2018, 22:12
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BA played hardball giving Loganair so much as a codeshare last year. The thought of owning their former BA CONNECT operation once again must surely drive shivers down spines at Waterworld. UK regional turboprop flying is a niche activity, is there a lot of money to be made? If no, then IAG shouldn’t get involved. BA/EI/IB complement each others hubs in an ever growing manner, flying DHDs on GLA-BHX isn’t adding anything to the IAG business model.
Also pathetic to try and blame Brexit for this. Taking on Loganair in their home markets for no sensible commercial reason (spite) can’t have helped either.

Last edited by Skipness One Foxtrot; 13th Nov 2018 at 22:34.
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Old 13th Nov 2018, 22:16
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Stobart Group might well return to bid again, but they may be distracted by the legal shenanigans with Andrew Tinkler. It would be a great shame to see flyBE go to the wall; I hope that someone with a viable business plan can step in.
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Old 13th Nov 2018, 22:26
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Could this be an opportunity for BMI Regional to grow, replace the ageing E135's & 145's and up their operation a gear? They have been rumoured to be interested in bigger aircraft for some time. The 175's could be deployed on European routes, Dash8's on shorter routes making some of their shorter routes more economical, then cherry pick the current BE routes that actually make money and continue them as they are. They could also do with the crews as well!

From a regional flying perspective there certainly needs to be some streamlining, with BA Cityflyer, Cityjet, Stobart, BMI Regional, Loganair and Eastern Airways, and on a smaller scale Blue Islands and Aurigny
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Old 13th Nov 2018, 22:36
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Originally Posted by caaardiff
Could this be an opportunity for BMI Regional to grow, replace the ageing E135's & 145's and up their operation a gear? They have been rumoured to be interested in bigger aircraft for some time. The 175's could be deployed on European routes, Dash8's on shorter routes making some of their shorter routes more economical, then cherry pick the current BE routes that actually make money and continue them as they are. They could also do with the crews as well!

From a regional flying perspective there certainly needs to be some streamlining, with BA Cityflyer, Cityjet, Stobart, BMI Regional, Loganair and Eastern Airways, and on a smaller scale Blue Islands and Aurigny
This news, which has been flagged up for sometime, could have a major impact on SOU.
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