Flybe-9
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BBC's Simon Jack tweeting that an annoucned should be expected 11 pm'ish after the last flight has landed. He also says:
Not correct. There is at least one Q400 overnighting at DUS. It has landed about an hour ago. FWIW, two of the four MAN flights from there for tomorrow are already cancelled on the airport website.
Flybe do not base any aircraft outside UK overnight therefore limited expected role for CAA.
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Won't they face serious cash flow problems or are monies received by Flybe for flights of franchisees put in escrow?
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I wonder if this could end up to be a blessing in disguise. Allow someone to buy the profitable parts of BE from the administrators and come back as a leaner operation? It happens in the retail industry all the time. I suspect that the BE name would be tainted by now though. It would definitely be perfect timing for that long awaited Virgin Connect re-brand that seems to have been on ice..............
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I'd be amazed if the franchise partners hadn't seen this coming and started to make plans. Also the longer term opportunities for them probably outweigh the short term pain.
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Any prospect of 'rescuing' anything from administration in this industry is dilusional. That's not how this works, until the CAA changes thing. There is nothing to recover. All of Flybe's assets are debt secured and then you have all the aircraft on lease, there's literally nothing to recover. You might end up with a bunch of cheap leases for an existing operator to expand and grab the Dash8s... but the AOC will be gone and more.
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Flybe has been serially mismanaged by successive teams and now has billionaire owners who think its the taxpayers duty to bail them out.
let’s hope a leaner operation can come from the ashes and also help Loganair and others expand and thrive.
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Pass, I don't know that arrangement. But from experience, I imagine they'll be out of pocket for it.
Any prospect of 'rescuing' anything from administration in this industry is dilusional. That's not how this works, until the CAA changes thing. There is nothing to recover. All of Flybe's assets are debt secured and then you have all the aircraft on lease, there's literally nothing to recover. You might end up with a bunch of cheap leases for an existing operator to expand and grab the Dash8s... but the AOC will be gone and more.
Any prospect of 'rescuing' anything from administration in this industry is dilusional. That's not how this works, until the CAA changes thing. There is nothing to recover. All of Flybe's assets are debt secured and then you have all the aircraft on lease, there's literally nothing to recover. You might end up with a bunch of cheap leases for an existing operator to expand and grab the Dash8s... but the AOC will be gone and more.
Fit like min?
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From the impoundment notice on Twitter
Detention under section ** of the Civil Aviation Authority Act 1982
Dear Sir,
Default has been made in the payment of airport charges incurred in respect of aircraft registration (s) G-JECP.
Glasgow Airport Ltd hereby give you notice that in exercise of its right of detention under Section ** Civil Aviation Authority Act 1982, aircraft registration (s) G-JECP is/are detained at Glasgow Airport and is/are not to be removed from the airport until the charges outstanding to Glasgow Airport incurred in respect of this aircraft and all other aircraft which your company is the operator at the time that the detention began have been settled.
This notice is hereby give to FLYBE Ltd and any subsidiary and associated companies which are affected by the detention hereby exercised.
Yours Sincerely
Lynn Lindsay Airport Duty Manager
4/3/20 19:51
Detention under section ** of the Civil Aviation Authority Act 1982
Dear Sir,
Default has been made in the payment of airport charges incurred in respect of aircraft registration (s) G-JECP.
Glasgow Airport Ltd hereby give you notice that in exercise of its right of detention under Section ** Civil Aviation Authority Act 1982, aircraft registration (s) G-JECP is/are detained at Glasgow Airport and is/are not to be removed from the airport until the charges outstanding to Glasgow Airport incurred in respect of this aircraft and all other aircraft which your company is the operator at the time that the detention began have been settled.
This notice is hereby give to FLYBE Ltd and any subsidiary and associated companies which are affected by the detention hereby exercised.
Yours Sincerely
Lynn Lindsay Airport Duty Manager
4/3/20 19:51
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From the impoundment notice on Twitter
Detention under section ** of the Civil Aviation Authority Act 1982
Dear Sir,
Default has been made in the payment of airport charges incurred in respect of aircraft registration (s) G-JECP.
Glasgow Airport Ltd hereby give you notice that in exercise of its right of detention under Section ** Civil Aviation Authority Act 1982, aircraft registration (s) G-JECP is/are detained at Glasgow Airport and is/are not to be removed from the airport until the charges outstanding to Glasgow Airport incurred in respect of this aircraft and all other aircraft which your company is the operator at the time that the detention began have been settled.
This notice is hereby give to FLYBE Ltd and any subsidiary and associated companies which are affected by the detention hereby exercised.
Yours Sincerely
Lynn Lindsay Airport Duty Manager
4/3/20 19:51
Detention under section ** of the Civil Aviation Authority Act 1982
Dear Sir,
Default has been made in the payment of airport charges incurred in respect of aircraft registration (s) G-JECP.
Glasgow Airport Ltd hereby give you notice that in exercise of its right of detention under Section ** Civil Aviation Authority Act 1982, aircraft registration (s) G-JECP is/are detained at Glasgow Airport and is/are not to be removed from the airport until the charges outstanding to Glasgow Airport incurred in respect of this aircraft and all other aircraft which your company is the operator at the time that the detention began have been settled.
This notice is hereby give to FLYBE Ltd and any subsidiary and associated companies which are affected by the detention hereby exercised.
Yours Sincerely
Lynn Lindsay Airport Duty Manager
4/3/20 19:51
Now if there was a Eurocontrol lien alongside it then that would possibly be terminal.
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