madmanxpilot Posted February 16, 2019 Share Posted February 16, 2019 25 minutes ago, thesultanofsheight said: Let’s all wait for the positive message from Ray Harmer telling us that Flybe going into liquidation will actually be great for the IOM! Well there are only five business days left for that to happen. 1 Quote Link to comment Share on other sites More sharing options...
thesultanofsheight Posted February 16, 2019 Share Posted February 16, 2019 23 minutes ago, madmanxpilot said: Well there are only five business days left for that to happen. Just seen your other post. So really Flybe Plc will just be an empty holding company after the deal holding cash from the proceeds of the sale of the underlying trading entities? So likely not that bad anyway as the operating assets will just have a new owner? 3 Quote Link to comment Share on other sites More sharing options...
Non-Believer Posted February 16, 2019 Share Posted February 16, 2019 As FlyBMI also go into administration (Sky News online). Quote Link to comment Share on other sites More sharing options...
madmanxpilot Posted February 16, 2019 Share Posted February 16, 2019 50 minutes ago, thesultanofsheight said: Just seen your other post. So really Flybe Plc will just be an empty holding company after the deal holding cash from the proceeds of the sale of the underlying trading entities? So likely not that bad anyway as the operating assets will just have a new owner? Exactly. 1 Quote Link to comment Share on other sites More sharing options...
thesultanofsheight Posted February 16, 2019 Share Posted February 16, 2019 Just now, madmanxpilot said: Exactly. Thanks that makes it all clearer than what’s been in the press. 2 Quote Link to comment Share on other sites More sharing options...
Chef Raekwon Posted February 16, 2019 Share Posted February 16, 2019 3 hours ago, GD4ELI said: Flybmi has gone into administration, all flights cancelled. Not FLYBE Bet you're gutted it's not Flybe you bitter bastard. 1 Quote Link to comment Share on other sites More sharing options...
dilligaf Posted February 16, 2019 Share Posted February 16, 2019 1 minute ago, Chef Raekwon said: 3 hours ago, GD4ELI said: Flybmi has gone into administration, all flights cancelled. Not FLYBE Bet you're gutted it's not Flybe you bitter bastard. Mummy's boys are always the same. Quote Link to comment Share on other sites More sharing options...
dilligaf Posted February 16, 2019 Share Posted February 16, 2019 (edited) 10 minutes ago, Cheesy Wheezy said: Do you need extra lube for them? Have you missed an appointment with your shrink ? How perverted are you to even think like that ? Edited February 16, 2019 by dilligaf Quote Link to comment Share on other sites More sharing options...
Uhtred Posted February 16, 2019 Share Posted February 16, 2019 2 hours ago, thesultanofsheight said: Thanks that makes it all clearer than what’s been in the press. Asking a six year old Armenian to explain it via the medium of mime would be clearer than the impenetrable tripe offered up by the clowns at IOM Newspapers. 2 Quote Link to comment Share on other sites More sharing options...
Lxxx Posted February 18, 2019 Share Posted February 18, 2019 On 2/16/2019 at 9:02 PM, Non-Believer said: As FlyBMI also go into administration (Sky News online). Airlines go bust around the world most weeks of the year, even the UK averages about one every other year or so. It's a cut throat industry and unless you have the economies of scale that Ryanair and Easyjet do you're going to struggle. Quote Link to comment Share on other sites More sharing options...
Andy Onchan Posted February 18, 2019 Author Share Posted February 18, 2019 3 hours ago, Lxxx said: Airlines go bust around the world most weeks of the year, even the UK averages about one every other year or so. It's a cut throat industry and unless you have the economies of scale that Ryanair and Easyjet do you're going to struggle. It's not just economies of scale. You need big pockets to secure slots. Of course it helped FR & EZ by being there right at the birth of low cost travel. Anyone trying to imitate either of them was/is likely to catch the flu not just a cold. It's interesting that Logan Air have picked up the FlyBmi Aberdeen route, as they both share the same beneficial owners (the Bond brothers). Quote Link to comment Share on other sites More sharing options...
Lxxx Posted February 18, 2019 Share Posted February 18, 2019 2 minutes ago, Andy Onchan said: It's not just economies of scale. You need big pockets to secure slots. Of course it helped FR & EZ by being there right at the birth of low cost travel. Anyone trying to imitate either of them was/is likely to catch the flu not just a cold. It's interesting that Logan Air have picked up the FlyBmi Aberdeen route, as they both share the same beneficial owners (the Bond brothers). Agreed. In a fickle industry like airlines you're going to get constant churn of companies going bust, amalgamations and takeovers. Regardless of open skies policy we're always going to be more exposed than most with such a fixed customer size. 1 Quote Link to comment Share on other sites More sharing options...
madmanxpilot Posted February 21, 2019 Share Posted February 21, 2019 The sale of Flybe’s operational assets (the Airline) to Connect Airways has been completed. https://www.google.com/amp/s/amp.ft.com/content/3a0b344a-3616-11e9-bb0c-42459962a812 1 Quote Link to comment Share on other sites More sharing options...
dilligaf Posted February 21, 2019 Share Posted February 21, 2019 (edited) https://news.sky.com/story/arizona-airline-mesa-swoops-with-bid-to-ground-flybe-deal-11642267 How does this affect/ effect ( WGAF) the deal ? Edited February 21, 2019 by dilligaf Quote Link to comment Share on other sites More sharing options...
madmanxpilot Posted February 21, 2019 Share Posted February 21, 2019 7 minutes ago, dilligaf said: https://news.sky.com/story/arizona-airline-mesa-swoops-with-bid-to-ground-flybe-deal-11642267 How does this affect/ effect ( WGAF) the deal ? Connect Airways now own what was Flybe - so that offer was obviously rejected. 1 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.