Go Back  PPRuNe Forums > Flight Deck Forums > Rumours & News
Reload this Page >

Flybe sale goes ahead, confirmed

Rumours & News Reporting Points that may affect our jobs or lives as professional pilots. Also, items that may be of interest to professional pilots.

Flybe sale goes ahead, confirmed

Old 21st Feb 2019, 19:58
  #1 (permalink)  
Thread Starter
 
Join Date: Aug 2007
Location: braunton
Posts: 55
Flybe sale goes ahead, confirmed

Flybe say sale is complete to connect aw group
flybeboy is offline  
Old 21st Feb 2019, 23:55
  #2 (permalink)  
 
Join Date: Feb 2016
Location: S.E.Asia
Posts: 1,774
Full story with source below.

Struggling Flybe has completed the sale of its assets to a consortium of buyers led by Virgin Atlantic.

The loss-making UK regional airline confirmed it has sold its assets and operations for £2.8 million to Connect Airways, a consortium consisting of Virgin Atlantic, Stobart and hedge fund Cyrus Capital.
http://www.travelweekly.co.uk/articl...tic-consortium
Mike Flynn is offline  
Old 22nd Feb 2019, 08:33
  #3 (permalink)  
 
Join Date: Feb 2012
Location: Dublin
Age: 60
Posts: 6
CEO

They say one sale when in charge is bad luck but two is ——?. Employees be aware.
Flyingfisher is offline  
Old 22nd Feb 2019, 12:26
  #4 (permalink)  
V12
 
Join Date: Nov 1999
Location: Edinburgh
Posts: 127
“Today’s confirmation of the sale of Flybe to Connect Airways secures an exciting future for our customers & employees as we continue to provide vital regional connectivity in the UK & beyond.

She and her chairman have presided over the destruction of £150m of shareholder value in under a year and she makes it sound like success? "Sorry that we right royally screwed it and everyone up" might be a more appropriate press statement today
'Lions led by Donkeys' comes to mind. I feel gutted for the staff with the worry and uncertainty they have had to endure this past year. Whilst it's great that the airline is still operational, the great staff deserve a whole lot better; hopefully the incoming owners will realise it and build a much more professional BoD - this lot have truly earned their own dismissal through their woeful lack of experience and professionalism. Credible CEO's please apply now. COW: Close to You? No thank you.
V12 is offline  
Old 23rd Feb 2019, 08:31
  #5 (permalink)  
 
Join Date: Dec 2017
Location: Guardamar
Posts: 29
"Lions led by Donkeys"

Donkeys are not as stupid and inept as these people. Donkeys are warm,intelligent creatures, more so than a great many humans.
Have a great weekend at Stad de France.
alt
aloominumtoob is offline  
Old 23rd Feb 2019, 13:45
  #6 (permalink)  
V12
 
Join Date: Nov 1999
Location: Edinburgh
Posts: 127
Originally Posted by aloominumtoob View Post
Donkeys are not as stupid and inept as these people. Donkeys are warm,intelligent creatures, more so than a great many humans.
Have a great weekend at Stad de France.
alt
You’re so right: I apologise to donkeys
V12 is offline  
Old 23rd Feb 2019, 16:55
  #7 (permalink)  
 
Join Date: Jul 2001
Location: chances are, not at home
Posts: 267
Why do we have to go to Europe to find abysmal CEOs (eg Ourmieres, Fankhauser [Tommy cook], Cruz [BA]) - Hasn't the UK got any abysmal CEOs of its own?
Joe le Taxi is offline  
Old 23rd Feb 2019, 21:24
  #8 (permalink)  
 
Join Date: Oct 2018
Location: uk
Posts: 2
Let's see what Kohn uncovers, assuming Hoskings get their way. They must have litigation in mind.
Satoshi Nakamoto is offline  
Old 24th Feb 2019, 07:09
  #9 (permalink)  
 
Join Date: Feb 2003
Location: BHX LXR ASW
Posts: 2,145
It will be interesting to see what routes are cut and what will happen to the Dash 8 fleet given all the problems it's had.
crewmeal is online now  
Old 24th Feb 2019, 11:03
  #10 (permalink)  
 
Join Date: Jun 2016
Location: Belfast
Posts: 184
A220's and ATR's would be good
Nice new Jets and replacement of the "old" props that have got bad PR over the years
But unfortunately a single type only way forward at moment.
Startledgrapefruit is online now  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Thread Tools
Search this Thread

Contact Us Archive Advertising Cookie Policy Privacy Statement Terms of Service

Copyright © 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.