The E195 are very difficult to make money with. Their trip costs are very similar to an A320 or 787-800, but with 50 fewer seats. I believe the maintenance on the engines is expensive and that flyBe had very expensive leases. Any plan for the E175 and E195s other than to dump them was doomed.

When Saad left, it was with immediate effect with Flybe having to continue paying him his huge salary for at least 12mths after his departure. I certainly don’t think that he left by choice.

That said, he did manage to raise significant capital to keep the business going, and also got Flybe out of the remaining E175 order. I think he was more of a short-term turnaround specialist rather than a long term leader.

Welcome to 2020 and it’s only going to get worse. Men more than anything just want an easy life, so don’t expect the tide to change anytime soon. In today’s woke society having a female in charge is the ultimate fashion statement. It’s all COW herself ever talked about, which ironically led to hundreds of women losing their jobs. Of course these people never get the backlash their contrived actions deserve. It all sounds a familiar story, someone comes in and get results, but rubs everyone up the wrong way. They then get replaced by someone who’s probably only asset is working a room and the inevitable happens.

It is often forgotten that BE had pretty much no competition on most of their routes, and for all the bashing the q400 gets, it is probably the most economical regional plane out there. The only way this ends in bankruptcy is catastrophic bad management.

It’s called being put on gardening leave. Basically when a company cuts its nose off to spite it’s face just to get someone who’s face doesn’t fit out of the building regardless of the good work they might be doing (although some people are of course just plain toxic and such actions are justified). BE had clearly turned a corner under Saad, the purple colour scheme was inspired, so was the strap line faster than road or rail. We of course will never know if he could have kept up the good work but I am fairly certain he wouldn’t have spent lots of money to compete for the one man and his dog that flies to the Scottish islands or on completely diluting BEs brand with that god awful new livery. For those who do not think this was madness picture EZY swapping their bright orange for a shade of subtle peach.

Or alternatively ..gardening leave is what you dish out when during said CEO’s tenure, the business records profits of £10m but losses of £55m, (later restated to upwards of £80m.)

Saad made some major accomplishments, but having been with the business throughout his time, the culture was not good. Sadly, although this subsequently improved, it still didn’t generate any improvement to the bottom line.

Another clueless plan by the COO. £1k day off payments and a bonus scheme if you stayed working for flybe. Yes, normally could work but working for a regional, you generally have your personal life built around the area. So he gave money to people who probably not interested in leaving anyway. P*ssed away money the company didn't have. As an idea, they should have tried a revolutionary idea called leadership and management. And these village idiots were running the company.

I think most of us would agree that from the point of the IPO, successive leadership and management teams made a number of decisions that adversely impacted on the ability for the business to survive. Following the acquisition by Connect, Flybe was making some significant improvements and in my opinion, had the best leadership team in over a decade but sadly, insufficient funding to effect a full turnaround of the business.

Having said that, even if Flybe had obtained the much discussed £100m Govt loan - I think it would have likely succumbed to Covid-19 anyway.

Jobs
 

Yes, admittedly I don’t know about the last CEO but people did seem to like him.
Just thought about another corker. Not sure how much it cost but lighting up the BHX control tower. Great use of funds for a pointless exercise.And whilst your losing millions, spend hundreds of thousands on new uniform. I can only imagine strategy meetings looked like chimpanzees round a table throwing their own excrement at each other and calling it a plan.

With the demise of Flybe Engineering Aviation Services, who will look after the Dash 8 fleet whilst awaiting new operators? Surely the administrators won't continue paying the skeleton staff from FEAS for the amount of time which will be required?

Ultimately as with all these administration cases, it will end up falling on the leasing companies and then they will just add to the list of creditors how much they need to claim.

But I doubt the leasing companies are in a rush to do anything. I’m not exactly sure there’s a queue of people looking for Dash8s at the moment...

I wonder if there wasn't much more important things going on at the moment the press would be interested on how poorly managed flybe was. old news now i guess as the airline is gone forever.

Remember that TCX select committee ? Yeah..

Safety concerns
 

I saw this yesterday. This is a report from the CAA date 16/04/20 regarding operating and route licence.

What was going on at flybe??

27. CMG also relied on the provisional suspension of the AOC to submit that the CAA was obliged pursuant to Article 9(5) of the EU Regulation also immediately to take steps to suspend or revoke the OLs and RLs. It stated that one of the purposes of the EU Regulation was to ensure that the financial health of an airline did not adversely affect safety. Since SARG had identified serious breaches of safety regulations which led it to make a provisional suspension of the AOC, it followed that the OL and RLs should also be suspended or revoked. There was no prospect of Flybe remedying the safety concerns which had been identified since it lacked the manpower, cash and necessary resources to do so.

Seems serious but also a little vague. It would be interesting if anyone did have genuine intel on this rather than rumours.

Is the report quoyed on line?

Difficult to say without seeing the whole doc, but could this be as straigtforward as saying that once the company ceased trading, it could no longer keep it's a/c airworthy?. Didn't BE stop operating before tha AOC was pulled, rather than they stopped because the AOC was suspended?

whole doc. to CAA website. type in flybe and it will come under doc 1/2020 on revocation of operator and route licence.

Or it could be that the suspension of the AOC is what finally pushed it over the edge

Full doc is here:

https://www.caa.co.uk/uploadedFiles/...20Redacted.pdf

I think you are getting confused here. Flybe went into administration on March 5th and obviously the AOC was suspended. The administrators tried to maintain the Operating Licence and the AOC in suspension so that they might sell the airline. The safety concerns are post administration.