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Flybe in trouble ?

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Flybe in trouble ?

Old 18th Feb 2020, 17:20
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Originally Posted by double_barrel
I confess I just added to their problems. I cancelled that booking and travelled to Edinburgh by train instead. Same price, 1st class rail travel, arrive at the station 10 minutes before departure, walk straight to a taxi on arrival, no security, no standing in line, less total travel time, free bacon butty, stations at both ends more conveniently placed than airports, wifi all the way so almost no time lost. Sadly, domestic travel between hubs also served by rail is always going to be a difficult business model for an airline.
Depends. If I want to go to a meeting in Bletchley it's not possible by train - I would arrive just in time to get the train back home. Ditto Birmingham. But Manchester is that bit closer to Edinburgh, and the only way to do a day in London by train is using the sleeper.
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Old 4th Mar 2020, 13:48
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https://news.sky.com/story/regional-...lapse-11949393
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Old 4th Mar 2020, 14:52
  #263 (permalink)  
 
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Not good prospects and feel for the staff but Richard Brandon should put his hand in his pocket and fund his company not the uk tax payers, he stole the company from its share holders, he is no hero just a shark.

This is based on his past business record.

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Old 4th Mar 2020, 17:23
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BBC's take on this

BBC News
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Old 4th Mar 2020, 18:42
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I listened to PMQ's today and heard Boris Johnson say that the government would do all that was necessary to suport people and business's in the face of the coronavirus. ROFLMA

BUT, it would appear that he is about to renege on the deal he has just done with the EU over BREXIT, so I doubt if he would have any qualms about throwing Flybe under the preverbal bus
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Old 4th Mar 2020, 18:53
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Hmmmm - any of this true or just folks stirring the pot?



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Old 4th Mar 2020, 19:14
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It will be an absolute travesty if the airline is allowed to collapse. Granted it has had financial difficulties, but the recent purchase by a group involving Branson should really be picking up the tab here and investing as they promised they would. The domestic flight network in the UK will be decimated.

Back in January, Ryanair and Easyjet were saying they would pick up "some" routes, but I can see that as only being the most profitable, and no where near the current network, such as Birmingham - Aberdeen for example.
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Old 4th Mar 2020, 19:19
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My thoughts are with the staff and their families. It's an awful situation but not their fault.

If the very worst happens, the crews are well trained and highly regarded in the industry. New doors will open and the low cash season is behind us.

Hoping for the best outcome for all at FlyBe.
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Old 4th Mar 2020, 19:39
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Originally Posted by Rt Hon Jim Hacker MP
My thoughts are with the staff and their families. It's an awful situation but not their fault.

If the very worst happens, the crews are well trained and highly regarded in the industry. New doors will open and the low cash season is behind us.

Hoping for the best outcome for all at FlyBe.
My best wishes for the pilots. Sadly I think the low cash season will be very much extended this year.
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Old 4th Mar 2020, 19:45
  #270 (permalink)  
 
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Pretty reputable source:

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Old 4th Mar 2020, 19:55
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Originally Posted by Rt Hon Jim Hacker MP
If the very worst happens, the crews are well trained and highly regarded in the industry. New doors will open and the low cash season is behind us.
In the current climate? Unlikely. I really wish them all the best, but realistically we are currently in the climate of folding businesses and even the majors are cancelling high percentages of their flights putting a lot of stress on their balance sheets.
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Old 4th Mar 2020, 20:09
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Standby for a debt free phoenix to arise from the ashes in a few weeks.
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Old 4th Mar 2020, 20:18
  #273 (permalink)  
 
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^^ I see what you are getting at, but harder for airlines to do than other outfits, when all their hardware has been impounded no?
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Old 4th Mar 2020, 20:31
  #274 (permalink)  
 
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With the current downturn launching a new airline to fill the gap will be easy with lots of cheap crew and aircraft available. The continuation of the company was certainly looking rocky but now the old board can blame a dastardly Chinese virus on why they cannot pay the company debts.
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Old 4th Mar 2020, 20:33
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Flights still taking off from elsewhere. Miscommunication with refuellers at GLA is the rumour. Perhaps they've closed the credit line.
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Old 4th Mar 2020, 20:40
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Announcement to be made when last aircraft lands.

Looks like it really is all over.
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Old 4th Mar 2020, 21:02
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Originally Posted by Airclues
The Flybe website still seems to be accepting bookings for tomorrow. Perhaps it's not all over?
so was monarch and Thomas cook so don’t look into it
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Old 4th Mar 2020, 21:06
  #278 (permalink)  
 
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Originally Posted by Airclues
The Flybe website still seems to be accepting bookings for tomorrow. Perhaps it's not all over?
Business continues in any industry until the very last second. Who knows whether right now there is an 11th hour effort to save the business?? If there is and the company had already shut down its sales operations, it would be a bit silly!

On this occasion, I sadly don't think there is any 11th hour brokering going on.
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Old 4th Mar 2020, 21:07
  #279 (permalink)  
 
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BE2111 Edinburgh to Heathrow the last flight? (in the air now)
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Old 4th Mar 2020, 21:07
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Well, it certainly looks like this is it.
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