Flybe-V2
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With based aircraft and crews in IOM, BA codeshare and other connections in place (Flybe's got none) then I think it would be safe to say that your guess will be proved wrong.
This really feels like personal rather than business. Who is making these calls?? Is anyone at flybe still angry from the franchise falling out with Loganair? This really is shareholders money being spaffed away.....
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Skipness raises an interesting point. From what little I know, none of the former Flybe management beyond the FD and DFO are involved in the new venture. It’s unlikely that this is purely an anti-Loganair vendetta.
Flybe 2 is backed by venture capital and one with a history of trying to create value by market consolidation.
Assuming the VC has any involvement in what routes the airline flies, and this isn’t simply a poor execution of an equally poor plan (which it could be), then picking fights with Emerald, Loganair, easyJet, KLM and BA has a different tone. It suggests that if you make yourself enough of a nuisance to enough people, one of them will eventually buy you out.
It’s the only logical explanation as to how you could possibly liberate any value from this scheme. If none of them play ball, all you have is a massively loss-making airline on which the VC eventually cuts its losses.
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I really don’t understand this. Are the existing routes performing so badly that it’s better to give the new routes a shot? Or they just don’t care about the existing routes? Seems strange.