Airlines, Airports & Routes Topics about airports, routes and airline business.

Flybe-9

Old 3rd Nov 2020, 05:52
  #4441 (permalink)  
 
Join Date: Apr 2003
Location: Northumberland
Posts: 8,445
Received 68 Likes on 46 Posts
Originally Posted by southside bobby

Phoenix Airways a short lived seventies Swiss single B707 operator.
also had B.1-11's . Always thought it was a strange name for any company, we cocked up last time but this time we are going to be really good!
SWBKCB is online now  
Old 3rd Nov 2020, 06:59
  #4442 (permalink)  
 
Join Date: Aug 2008
Location: bishops stortford herts
Posts: 0
Likes: 0
Received 0 Likes on 0 Posts
My mistook...Yes the One Hundred & Eleven BAC also.
southside bobby is offline  
Old 3rd Nov 2020, 12:51
  #4443 (permalink)  
 
Join Date: Oct 2004
Location: UK
Posts: 3,021
Received 197 Likes on 108 Posts
"FlyBe - Rise of the Phoenix"
Can I just point out that my intention wasn't to suggest a name for Fly Mk.2 but merely to use the title as a play on a film poster / advert!!

If were to propose a name I'd think I'd go for "British Regional" (if another business doesn't already have rights to that name) "EuroRegional" or "EurRegio", but I think the DB might own that trademark for part of the German regional rail network, I'm sure I've seen it elsewhere.
ATNotts is online now  
Old 3rd Nov 2020, 14:36
  #4444 (permalink)  
 
Join Date: Apr 2004
Location: Dorset UK
Age: 70
Posts: 1,886
Likes: 0
Received 14 Likes on 11 Posts
"British European" sounds OK to me, which is where "flybe" came from.
As an aside, why do so many airlines and companies use lower case letters for their name? Are they not proud of their identity?
dixi188 is online now  
Old 3rd Nov 2020, 15:02
  #4445 (permalink)  
 
Join Date: Oct 2003
Location: UK
Posts: 471
Likes: 0
Received 0 Likes on 0 Posts
Thyme Opco have agreed to purchase the Flybe brand from the administrators, something I'd doubt they'd have agreed if they intended to launch under a different brand. If anything restarts, it will be as Flybe.
Whatever you say about the state of the Flybe brand, I guess the new owners see little benefit in spending money on brand creation, aircraft repaints, crew uniforms, airport signage, etc, at this time. Probably best to get the airline established and back flying before wasting money on something that really won't generate any positive revenue.
JobsaGoodun is offline  
Old 3rd Nov 2020, 15:14
  #4446 (permalink)  
 
Join Date: Jun 2000
Location: UK
Age: 59
Posts: 2,709
Received 5 Likes on 5 Posts
wasting money on something that really won't generate any positive revenue.
Unfortunately, much as the "old" Flybe were a very professional outfit at the sharp end, their management were also pretty bad at the above.

I want to see this succeed (when the time is right) so lets hope for no repeats of past mistakes.
Wycombe is offline  
Old 3rd Nov 2020, 16:41
  #4447 (permalink)  
 
Join Date: Apr 2003
Location: Northumberland
Posts: 8,445
Received 68 Likes on 46 Posts
Thyme Opco have agreed to purchase the Flybe brand from the administrators, something I'd doubt they'd have agreed if they intended to launch under a different brand. If anything restarts, it will be as Flybe.
Stops somebody else buying it and doing something mischievous with it.

In all these discussions, not seen any mention of how much money is involved. Presumably it will emerge eventually when it's distributed to the creditors (minus any fees and charges, of course)
SWBKCB is online now  
Old 12th Nov 2020, 13:31
  #4448 (permalink)  
 
Join Date: Nov 2007
Location: Northern Ireland
Posts: 203
Likes: 0
Received 0 Likes on 0 Posts
http://www.independent.co.uk/travel/...766.html%3famp

FLYBE: POSSIBLE RESURRECTION WELCOMED BY VIRGIN ATLANTIC BOSS

‘We hope and hear that there may be some signs of a resurrection,’ said chief executive Shai Weiss
allan1987 is offline  
Old 13th Nov 2020, 08:36
  #4449 (permalink)  
 
Join Date: Feb 2018
Location: Aalborg
Posts: 134
Likes: 0
Received 0 Likes on 0 Posts
Given Cyrus and Virgin have worked together extensively in the past I wouldn't be surprised if this had been discussed prior to Cyrus buying the company out of administration....
Jamie2009 is offline  
Old 13th Nov 2020, 11:23
  #4450 (permalink)  
 
Join Date: Jan 2010
Location: England
Age: 65
Posts: 17
Likes: 0
Received 0 Likes on 0 Posts
So the company was run into the ground, now they buy the assets at pence in the pound, ditch the liabilities and start again.
Airbus123 is offline  
Old 13th Nov 2020, 17:38
  #4451 (permalink)  
 
Join Date: Nov 2016
Location: This side of Heaven
Posts: 365
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by Airbus123
So the company was run into the ground, now they buy the assets at pence in the pound, ditch the liabilities and start again.
Doesn't seem right. Short-changed creditors won't be impressed either.
Gurnard is offline  
Old 13th Nov 2020, 19:10
  #4452 (permalink)  
 
Join Date: Feb 2018
Location: Aalborg
Posts: 134
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by Gurnard
Doesn't seem right. Short-changed creditors won't be impressed either.
The past is done - Its show business not show friends. Short changed creditors won't get anything from a bust company - they may going forward from a resurrected one.

Given the Connect appointed CEO, COO, CFO, DFO and HOcT are still in place and presumably working on the restart shows Cyrus have faith in the management who tried to turn around the business prior to Covid.
Jamie2009 is offline  
Old 13th Nov 2020, 19:55
  #4453 (permalink)  
 
Join Date: Jul 2003
Location: Under the flight path
Posts: 2,623
Received 11 Likes on 4 Posts
Originally Posted by Airbus123
So the company was run into the ground, now they buy the assets at pence in the pound, ditch the liabilities and start again.
The liquidator isn't left with much in the way of assets, so it's not clear what Cyrus has bought other than the name and goodwill. Whilst the value of hard assets such as aircraft will decline with Covid, they will hardly be available for "pence in the pound".
LGS6753 is offline  
Old 13th Nov 2020, 20:28
  #4454 (permalink)  
 
Join Date: Apr 2003
Location: Northumberland
Posts: 8,445
Received 68 Likes on 46 Posts
Originally Posted by Jamie2009
Given the Connect appointed CEO, COO, CFO, DFO and HOcT are still in place and presumably working on the restart shows Cyrus have faith in the management who tried to turn around the business prior to Covid.
and their pay is coming from where?
SWBKCB is online now  
Old 14th Nov 2020, 08:31
  #4455 (permalink)  
 
Join Date: Oct 2004
Location: UK
Posts: 3,021
Received 197 Likes on 108 Posts
Originally Posted by Airbus123
So the company was run into the ground, now they buy the assets at pence in the pound, ditch the liabilities and start again.
Pretty accurate definition of a "pre-pack" sale out of administration. That hasn't happened in this case, but it does stink more of a smoke and mirrors pre pack.

For the creditors of any failed business a pre-pack is the unpleasant and unacceptable face of capitalism, but it goes on, multiple times, every day, in most sectors of industry and commerce.
ATNotts is online now  
Old 14th Nov 2020, 14:27
  #4456 (permalink)  
 
Join Date: Jul 2003
Location: Under the flight path
Posts: 2,623
Received 11 Likes on 4 Posts
For the creditors of any failed business a pre-pack is the unpleasant and unacceptable face of capitalism, but it goes on, multiple times, every day, in most sectors of industry and commerce.
Correction - it's the unpleasant and unacceptable face of Government intervention in capitalism.
LGS6753 is offline  
Old 14th Nov 2020, 15:10
  #4457 (permalink)  
 
Join Date: Jan 2010
Location: England
Age: 65
Posts: 17
Likes: 0
Received 0 Likes on 0 Posts
'Given the Connect appointed CEO, COO, CFO, DFO and HOcT are still in place and presumably working on the restart shows Cyrus have faith in the management who tried to turn around the business prior to Covid'.

I get Chief Executive Officer, Chief Operating Officer and Chief Financial Officer, but not sure what the other 2 are.

So this is the bunch who 'led' Flybe Mk1 and will carry out the same roles in FlyBe Mk2.


What could go wrong.
Airbus123 is offline  
Old 14th Nov 2020, 15:28
  #4458 (permalink)  
 
Join Date: Jun 2008
Location: Dark side of the Moon
Posts: 134
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by Airbus123
'Given the Connect appointed CEO, COO, CFO, DFO and HOcT are still in place and presumably working on the restart shows Cyrus have faith in the management who tried to turn around the business prior to Covid'.

I get Chief Executive Officer, Chief Operating Officer and Chief Financial Officer, but not sure what the other 2 are.

So this is the bunch who 'led' Flybe Mk1 and will carry out the same roles in FlyBe Mk2.


What could go wrong.
Many of them appointed or transferred to those roles, after the 3 investors took over. It's not fair to say they were responsible for the years of ****.

DFO. HoCT

Director Flight Operations. Head of Crew Training.
RogueOne is offline  
Old 14th Nov 2020, 15:30
  #4459 (permalink)  
 
Join Date: Jan 2010
Location: England
Age: 65
Posts: 17
Likes: 0
Received 0 Likes on 0 Posts
There has been a lot of talk suggesting that the failure of FlyBe Mk1 was due to COVID. IMO, the financial figures speak for themsilves;

https://en.wikipedia.org/wiki/Flybe
Airbus123 is offline  
Old 14th Nov 2020, 15:44
  #4460 (permalink)  
 
Join Date: Sep 2008
Location: Blighty
Posts: 5,675
Likes: 0
Received 22 Likes on 17 Posts
Is there anything substantial in the public domain saying what Flybe will look like as a business if it returns to life ? I keep thinking of the repeated revivals of Pan Am, but want to be open minded - what aircraft will it fly, who will the customers be, which routes, what codesharing, how it will outrun its competitors, etc.... until we know this it all seems like crystal ball gazing
davidjohnson6 is offline  

Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.