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Stobart Air-2

Old 8th Feb 2018, 21:02
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Luggage reclaim at stansted takes ages when it’s working well .
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Old 9th Feb 2018, 06:41
  #82 (permalink)  
 
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Ok Guys, lets wrap this one up and move on

@Expressflight. After digesting all recent posts, i believe you are correct. I apologise for the slight deviation
@Barlinga Magna. Spot on, thanks for the back up
@GAZMO. I was referring to the smallest base that has in-house handling, hence why i didn't mention BFS
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Old 11th Feb 2018, 22:33
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I see ATR 42-600 EI-GEV entered service yesterday DUB-NQY.
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Old 22nd Feb 2018, 14:39
  #84 (permalink)  
 
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Stobart Air & Flybe

https://www.reuters.com/article/us-s...-idUSKCN1G61W1
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Old 22nd Feb 2018, 14:42
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https://www.reuters.com/article/us-s...-idUSKCN1G61W1
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Old 22nd Feb 2018, 14:45
  #86 (permalink)  
 
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See the SEN thread. Assuming that this is a takeover of flyBE by Stobart Air, and that it happens, it explains why Stobart have been so certain that pax numbers at SEN will double this year.
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Old 22nd Feb 2018, 15:14
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How would this work? Surely to move that amount of capacity to SEN would mean disruption to the rest of the network? Maybe over time they could re-focus, but this year?
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Old 22nd Feb 2018, 15:22
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All seems a strange way to effect a buyout or takeover..

What happened to "dawn raids"?...the costing has already soared by 30% in the last couple of hours..

Stobart have had under takeover rules to confirm previous press speculation that there has been an interest & have until 5pm to proceed or withdraw..

The deadline can be extended with agreement from the takeover panel & the two parties.
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Old 22nd Feb 2018, 15:25
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Stobart have until 5pm on 22nd March (not 22nd February) to proceed with the acquisition or to withdraw.
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Old 22nd Feb 2018, 15:38
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"Flybe confirms that it has not received any approach from the Stobart Group regarding a possible offer by Stobart Group for Flybe.
Flybe shareholders are strongly advised to take no action at this stage.
There can be no certainty that any firm offer will be made nor as to the terms on which any firm offer might be made".

The above is a statement enforced upon Flybe under the take over rules & regulations.
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Old 22nd Feb 2018, 15:46
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Apologies...Yes of course 22 MARCH!....(age thing)
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Old 22nd Feb 2018, 16:23
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Please don’t post a link. Some explanation would be appreciated. Thank you m
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Old 22nd Feb 2018, 16:24
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And this is Stobart's Stock Exchange declaration:

"As previously disclosed in October 2017, we have been reviewing alternative structures for our airline and leasing business that can play an important part in the consolidation of the regional airline sector.

A number of potential structures have been considered including taking a non-controlling interest in a vehicle to acquire 100% of Flybe likely to be in cash. It is not possible to say, at this stage, whether a transaction will take place, whether a firm proposal will be made or, if it is, the form a transaction to combine the airlines might take.

A further announcement will be made in due course."
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Old 22nd Feb 2018, 16:31
  #94 (permalink)  
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Stobart considering a bid for Flybe.
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Old 22nd Feb 2018, 17:37
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So its Stobe or will it be Flybart?
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Old 22nd Feb 2018, 18:37
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I'd imagine they'd keep the Flybe brand as its much more well known as an airline. People see Stobart and think big green lorries.
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Old 22nd Feb 2018, 18:41
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Get rid of that horrible purple colour and I'll chuck in a few quid meself!
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Old 22nd Feb 2018, 18:45
  #98 (permalink)  
 
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Non-controlling interest?

I wonder who the partner would be? Not CityJet, I assume :-D
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Old 22nd Feb 2018, 18:51
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Not sure if the flyBe brand is now tainted or not... might be better with a fresh slate with something new.
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Old 22nd Feb 2018, 18:54
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Why would the brand be tainted?

It's well advertised and I'd say a very valuable brand.
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