Where a secured creditor has title to the assets - or in this case, slots - then the administrators get nothing if the holder of the security exercises their rights. It's basically a process of the secured creditor re-claiming property which is already theirs.

Albert hall. Flybe never had an interim chairman.
French was chairman and after Hammad became CEO the board appointed Laffin as Chairman. This occured om 2013.
Laffin remained chairman until the sale to Connect Airways.
I'm pretty sure LHR routes were introduced under Hammads watch
they were certainly imtroduced while Laffin was chairman

Saad left with immediate effect in October 2016. Flybe announced LHR-EDI and ABZ in Dec 2016 operating from March 2017.

...and from October 2016, Laffin was both Chairman and interim CEO of Flybe before Ourmieres-Widner arrived in January 2017

It looks like it's not all about the slots. This is why Loganair were so desperate to address the CAA...

THYME OPCO LIMITED

Companies House Directors...

can you explain?

Three new Directors appointed a few days ago including Robert Knuckey who had a long history with Flybe and its forerunners as well as Walker Aviation. Any significance in that?

TBH I can't find anything of what Loganair said either in the hearing minutes or the CAA's decision so unless someone has insight to share, we don't know what they did and didn't say. It's clear they said something though.

The new directors look like the classic finance, HR and industry trio of non-execs being stuck onto a board to lend credibility and convince external players like the CAA that there is a company structure. I can't imagine anyone is getting too excited about it beyond the comments from the new poster from Birmingham here though.

What I find more interesting is that one of the new directors of Thyme Opco and its parent company Thyme Opco parentco is a Anthony Kevin Hatton who was formerly a director of GB Airways, Orion Airways and TUi airways.
At least he is someone with great experience of the airline industry.

Maybe brummy was suggesting that new Directors with credible aviation histories pointed to the likelihood that this was more than just a 'slot grab' financial exercise as some have suggested. Would they want to risk possible reputational damage if it were only that?

Albert Hall

They provided written submissions, it’s in the main body of the text

Expressflight

It does appear to make the "slot grab" theory rather less tenable, but time alone will tell.

Yes, I can see that, thank you. The question I had was what they were about.

Filings from Companies Hse today indicate Thyme opco now have the trade marks relating to Flybe and its previous names. This indicates a deals gone through........ Looks like Cyrus have registered a charge against the trademarks.

Thyme Opco Limited will shortly before the anticipated date for completion be renamed “Flybe Limited” (“the Purchaser”) and in preparation for the Transaction completion, the Company has filed with the Registrar of Companies an application to be renamed “FBE Realisations 2021 Limited”. Because of current capacity limitations being experienced by the Registrar of Companies, the usual same-day change of name service is unavailable, but it is expected that [b]the Company’s change of name will become effective shortly.

What does that mean ?

From what I can work out, that means that Thyme Opco will be renamed as "Flybe Limited" - alongside the purchase of the Web address and brands/logos, it seems to point towards a retention of the original name.

Pity. "Thai Mop Co" had a certain ring to it.

But ‘realisations’ ?