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Andy Onchan

Flybe nosedives on profits warning

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that was a fast demise after so many false finishes

 

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Just now, CharlieBrown said:

Safe here, free from Coronavirus, they did us all a favour.

Richard

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5 hours ago, GD4ELI said:

Well FlyBe's situation started with a disastrous MD some years ago. I can't remember her name but she crippled the company.

It happened well before her arrival.

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Be interesting to see what our 'ever so caring' iomg come up with in answer to this news.

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Be an interesting TV series Jeremy Spake runs an airport with no aircraft, probably on a par with the Prison one already!

 

 

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12 minutes ago, Sentience said:

Be interesting to see what our 'ever so caring' iomg come up with in answer to this news.

Not much they can do really. I hope they have a good solution for the hospital transport sorted out, taking the boat in winter will be no fun at all.

My local airports Newquay and Exeter will be grim this morning.

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9 minutes ago, GD4ELI said:

Not much they can do really. I hope they have a good solution for the hospital transport sorted out, taking the boat in winter will be no fun at all.

My local airports Newquay and Exeter will be grim this morning.

Or, as they have become overnight, your local unpopulated shopping malls.

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Posted (edited)

Zero on Stobart Air website about how the FlyBe issue will impact their other operations...

Edited by Andy Onchan

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2 minutes ago, Andy Onchan said:

Zero on Stobart Air website about how the FlyBe will impact their other operations...

They tweeted - they operated Flybe routes and these have now stopped.

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Sad that they have finally gone but its been coming for years. As far as I am aware the problems stem from an ill conceived expansion plan that saw them purchasing too many planes, they were then left flying too many unviable routes.

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Couldn't help giggling at the Cyrus Capital Partners landing page: http://www.cyruscapital.com/

They'll be needing all their "Skill sets" to extricate themselves from this debacle. Mind, I suppose the value of investments can go down as well as up!

For all their fancy words they've fucked up big time. Due diligence my arse!

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