Flybe-9
Join Date: Jan 2020
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Apart from the €2.6million initial payment to buyout the existing shareholders what other investment has the Connect Consortium made in FlyBE in the intervening 11 months?
Have they done enough themselves to warrant approaching Government for support.
They claimed to be investing €100 Million.
Have they done enough themselves to warrant approaching Government for support.
They claimed to be investing €100 Million.
A lot of people seem to think the government will bale us out as flybe are crucial to many local economies not well served by other carriers , so fingers crossed
I do agree that the case for supporting them is somewhat different to what it was for Thomas Cook, for example.
The latter was predominantly a holiday airline.
Flybe provide connectivity for transport for business, family, medical (and probably many other) reasons to some of the remotest and most deprived parts of the UK.
Airports like BHD and SOU might aswell shut up shop without a Flybe presence.
Hopefully the Govt will see that they don't want to be associated with not trying to help to prevent the above, let alone redundancies that would result at the airline, airports and supporting businesses.
A lot of people seem to think the government will bale us out as flybe are crucial to many local economies not well served by other carriers , so fingers crossed
The positive news, if you can call it that, is that Administration is being talked about, rather than bankruptcy or liquidation. With Administration, the operations are likely to continue, at least for the moment.
Join Date: Feb 2018
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Until UK leaves the EU (and probably during the "Implementation period" too) it's very difficult for Government to get involved financially.
The positive news, if you can call it that, is that Administration is being talked about, rather than bankruptcy or liquidation. With Administration, the operations are likely to continue, at least for the moment.
The positive news, if you can call it that, is that Administration is being talked about, rather than bankruptcy or liquidation. With Administration, the operations are likely to continue, at least for the moment.
Join Date: Apr 2016
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Until UK leaves the EU (and probably during the "Implementation period" too) it's very difficult for Government to get involved financially.
The positive news, if you can call it that, is that Administration is being talked about, rather than bankruptcy or liquidation. With Administration, the operations are likely to continue, at least for the moment.
The positive news, if you can call it that, is that Administration is being talked about, rather than bankruptcy or liquidation. With Administration, the operations are likely to continue, at least for the moment.
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If you are a British taxpayer wouldn't one want to see that the Consortium put their own money in to try to make the airline worked before coming cap in hand to the Government. They were selected ahead of another interested party, Andrew Tinkler, who already owned a significant part of the business and had a vested in interest in making the business work.
Join Date: Jul 2003
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I should have said what is available to flybe in Thier reservation system. Often other airlines will only make higher classes available to competitors. Working in airline ticketing for the last 9 years, both for handling agents and directly for airlines, I've lost count of the times I've had to reroute somebody and when going to check a flight on a competitor who we interline with, only full fare economy class is showing as available. It's why so much pressure was put on us to find alternatives within our own network or alliance, even if that may not necessarily have been the best for the customer.
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I thought according to UK insolvency laws if an airline goes into administration they must cease operations? Or has this changed since? Was the case with Flyglobespan and Monarch.
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If Flybe is about to get rebranded anyway, what is the point for Virgin/Flybe to keep it going as a flying concern with all the related millstones around their heads? Wouldn't it make more sense for them to take on what is useful under, say, the Stobart flag? Virgin has a functioninig brand, distribution and marketing in place, Stobart a functioning regional airline. So taking over assets rather than the whole lot might be more attractive?
Join Date: Feb 2018
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The government were talking about changing things but I doubt any new law has gone through yet.
Join Date: Mar 2006
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Instead of coming out with a one liner, why don’t you explain to Brigantee why easyJet would not be interested in BHX? At least it gives everybody some insight into why easyJet are shying away from the Midlands.
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RE- EasyJet. They don't have enough aircraft to create a new base, unless they defer withdrawals of the 319's further or acquire new ones on the second hand market - which is tricky given the MAX situation especially for the summer.