Manxberry Posted January 12, 2020 Share Posted January 12, 2020 Once again, FlyBe is on the brink of collapse. Looks like the firm that was going to put in 100 million has looked a little bit harder and gone "Nope" https://news.sky.com/story/regional-airline-flybe-in-frantic-bid-to-stave-off-collapse-11907407 Link to comment Share on other sites More sharing options...
2112 Posted January 12, 2020 Share Posted January 12, 2020 That should please the climate change luvvies and Currant Bun, less Carbon emissions! Mind you who’s going to bring in the waves of tourists we are expecting? Link to comment Share on other sites More sharing options...
Uhtred Posted January 12, 2020 Share Posted January 12, 2020 It’s a shit airline. If it collapsed, in the short term that would likely inconvenience us. If however a less shit airline emerged, hooray. Link to comment Share on other sites More sharing options...
Numbnuts Posted January 12, 2020 Share Posted January 12, 2020 25 minutes ago, Uhtred said: It’s a shit airline. If it collapsed, in the short term that would likely inconvenience us. If however a less shit airline emerged, hooray. Agreed bit is there another airline who would recent years there's been quite a turnaround to the Island Link to comment Share on other sites More sharing options...
Numbnuts Posted January 12, 2020 Share Posted January 12, 2020 This could all go pearshaped very quickly.. Link to comment Share on other sites More sharing options...
Manx Mole Posted January 13, 2020 Share Posted January 13, 2020 Flybe provide a lifeline service for us here on the IOM. If it goes under, thousands will be inconvenienced. Perhaps it's time for us to own our own airline just like we own our own ferry service. Link to comment Share on other sites More sharing options...
Roger Mexico Posted January 13, 2020 Share Posted January 13, 2020 18 minutes ago, Manx Mole said: Flybe provide a lifeline service for us here on the IOM. If it goes under, thousands will be inconvenienced. People tend to think that it's all about easyJet, but if you look at the latest available air passenger figures[1], Flybe were still responsible for 40% of journeys compared to easyJet's 47%. If FlyBe collapse it's a lot of people who need to get to a lot of places that they now won't be able to. [1] Which are only from October, because not all government statistics come out as promptly as Chris Thomas thinks. In this case they're also less informative than they used to be (also fairly common). Link to comment Share on other sites More sharing options...
GD4ELI Posted January 13, 2020 Share Posted January 13, 2020 8 hours ago, Manxberry said: Once again, FlyBe is on the brink of collapse. Looks like the firm that was going to put in 100 million has looked a little bit harder and gone "Nope" https://news.sky.com/story/regional-airline-flybe-in-frantic-bid-to-stave-off-collapse-11907407 All down to the former CEO Christine Ourmieres-Widener. Without her disastrous reign it would still be a sound company. Link to comment Share on other sites More sharing options...
Max Power Posted January 13, 2020 Share Posted January 13, 2020 If there is a sudden collapse there will be a cost in service to hospital patients, c.500 per week! Part of the Michaels report suggested there being an 'air bridge' to the UK to facilitate a lot more treatments being done there? Link to comment Share on other sites More sharing options...
Lxxx Posted January 13, 2020 Share Posted January 13, 2020 This is about the most predictable occurrence imaginable. When Branson malevolently engineered his fingers into it (share offer 37p down to 1p!) and created a holding company the intention was to asset strip it, take the prime slots and fold it. I've no idea what his eventual plan is but he doesn't go into a business with the intention of being a saviour. Link to comment Share on other sites More sharing options...
Derek Flint Posted January 13, 2020 Share Posted January 13, 2020 1 minute ago, Lxxx said: This is about the most predictable occurrence imaginable. When Branson malevolently engineered his fingers into it (share offer 37p down to 1p!) and created a holding company the intention was to asset strip it, take the prime slots and fold it. I've no idea what his eventual plan is but he doesn't go into a business with the intention of being a saviour. In fairness, Branson et al are just circling the dying wildebeest. The eventually fatal injuries began to be inflicted about ten years ago. A succession of poor CEO’s, flawed strategy and some atrocious PR. The handling of baggage restrictions and high fares haven’t helped. If it does fold, It will be interesting to see who fills the void. This could cost IOMG dearly if they have to incentivise someone to come. Link to comment Share on other sites More sharing options...
Lxxx Posted January 13, 2020 Share Posted January 13, 2020 1 minute ago, Derek Flint said: In fairness, Branson et al are just circling the dying wildebeest. The eventually fatal injuries began to be inflicted about ten years ago. A succession of poor CEO’s, flawed strategy and some atrocious PR. The handling of baggage restrictions and high fares haven’t helped. If it does fold, It will be interesting to see who fills the void. This could cost IOMG dearly if they have to incentivise someone to come. Exactly. If it wasn't Branson it would have been someone else. The interim holding company was only ever a short term measure until it took it's last breath. Stobart's will have a plan for the health contract. Over and above that who knows. Link to comment Share on other sites More sharing options...
Max Power Posted January 13, 2020 Share Posted January 13, 2020 5 minutes ago, Derek Flint said: This could cost IOMG dearly if they have to incentivise someone to come. There goes the 'climate emergency' budget! Link to comment Share on other sites More sharing options...
woolley Posted January 13, 2020 Share Posted January 13, 2020 24 minutes ago, Max Power said: There goes the 'climate emergency' budget! Which we haven't got anyway. Link to comment Share on other sites More sharing options...
WTF Posted January 13, 2020 Share Posted January 13, 2020 i wonder what they owe us in landing fees ? Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.