Originally Posted by Gurnard
(Post 10815255)
Flybe did not go into administration as a result of the impact of COVID-19. Additionally, how are all the former company's creditors going to feel about the idea of resurrecting what was a failed concern?
As to creditors, Flybe's administration has no doubt been painful but arguably, the impact of COVID has had a profound effect. I'd like to think that some of those creditors will have generated significant income from their dealings with Flybe in the past, likely when Flybe were making losses. Harsh as it is, business is business and hopefully the many airports and suppliers reliant on Flybe for income previously would be happy to have something new in future than nothing at all. |
Read the CAA Official Record report. Flybe approached the Government on 12 January to say that it had run out of cash and needed Government support to keep flying. At least in terms of news headlines, Coronavirus was a far-off problem at that time and impacted hard only really during March. All of the available information points towards this being a business in deep trouble long before the impact of Coronavirus in the UK.
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I don't doubt that conversations took place in January but at that time, it had been reported that the business received additional funding from Connect Airways whilst those negotiations took place. That cash subsequently ran out early March, no doubt earlier than anticipated as a result of the impact of COVID-19. However, I agree that had COVID not come along, Flybe would almost certainly have needed more cash from somewhere to continue as a going concern.
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Covid was the final in a very long list of final straws. Any future plan to relaunch must start with a total 100% cull of past management not to mention a business model that is stuck too, not trying to be everything to everyone, that just doesn't work.
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Originally Posted by JSCL
(Post 10815132)
Normally I'd agree. But personally I'm not discounting anything right now, especially given my knowledge of how Stobart conversations are progressing in the IOM.
They won't be opening their 'border' until at least summer 2022. |
Word is that the CAA have put a stop to any further Q400 ferry activity until the incident in Aberdeen is understood and actions to prevent a recurrence are in place. Edit: 1 airborne from BHD also. Of the 3 out of EXT, 2 have gone to MST and 1 looks to be heading to Zweibrucken. Edit 2!: - another 1 airborne from EXT at around 1700L This must be the most ex-Flybe Dashes airborne during a single day since the airline failed. |
FR24 confirms that G-JECO has now landed at MST.
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On the move
Originally Posted by Wycombe
(Post 10815420)
3 Dashes airborne from EXT as I type.
Edit: 1 airborne from BHD also. Of the 3 out of EXT, 2 have gone to MST and 1 looks to be heading to LUX. Edit 2!: - another 1 airborne from EXT at around 1700L This must be the most ex-Flybe Dashes airborne at one time since the airline failed. E195 - EK Exeter to Norwich DH8D - PN Exeter to Maastricht DH8D - OA - Exeter to Saarbrucken DH8D - CL - Exeter - Weeze or Maastricht? DH8D - CO Exeter - Maastricht DH8D - DU - Belfast City - Saarbrucken Pete |
There is a video of the incident at ABZ with the Dash 8 and Loganair Embraer.
Currently on the well known social media app. I can’t link it but it’s on the ATPL Hub page. |
There is a video of the incident at ABZ with the Dash 8 and Loganair Embraer. Forward pax door still open when it started moving. |
G-FBEK arrived at Norwich earlier this afternoon from Exeter in Great Dane livery
While G-FBEF, EG ,EH ,EI remain at NWI Mark |
Engines not running - as simple as rolling down a slope with no brakes?
https://www.eveningexpress.co.uk/fp/...rdeen-airport/ |
Fantastic news for the South West in particular i assume Exeter will be the main base , Let’s hope they can re employ everyone ASAP , Doesn’t say when they might start reemploying, hopefully soon
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Originally Posted by VHF4
(Post 10815580)
Fantastic news for the South West in particular i assume Exeter will be the main base , Let’s hope they can re employ everyone ASAP , Doesn’t say when they might start reemploying, hopefully soon
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Originally Posted by The96er
(Post 10815585)
I think you need to take a reality check !
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Originally Posted by Alteagod
(Post 10815324)
Covid was the final in a very long list of final straws. Any future plan to relaunch must start with a total 100% cull of past management not to mention a business model that is stuck too, not trying to be everything to everyone, that just doesn't work.
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Well very few of the airlines which are still solvent are keeping all their staff ... or, in many cases, even "the bulk" of them. The trading environment prevailing now is way worse than that which applied when FlyBe ceased ops. And rival carriers have staked claims on several of FlyBe's more attractive routes. Certain other routes have not attracted interest for a reason.
I (regrettably) suspect that any revived FlyBe 2.0 will be a very limited operation compared with the original. And it has to be doubtful that it will take to the air at all. But I would dearly love to be proven wrong. |
Originally Posted by SWBKCB
(Post 10815560)
Engines not running - as simple as rolling down a slope with no brakes?
https://www.eveningexpress.co.uk/fp/...rdeen-airport/ |
Originally Posted by VHF4
(Post 10815589)
OK they might not be re employing everyone but they will need to employ the bulk of staff surely .
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This reminds me of when Air Europe, for whom I used to work, went bust. There was a stream of dubious characters and enterprises through the door, all promising a restart. I don’t need to tell you what (didn’t) happen.
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