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This seems to be the Virgin blue print.and so typicaThey did the same with their train franchise forcing the Government to step in and bail them out of their franchise...
Someone needs to be bright enough to get some PGs from Sir Richard Branson before they embark on any transactions with Virgin.
The Virgin brand is a grave yard of failures..There was a solid alternative to the Virgin deal headed up by the ex CEO of Stobart Andrew Tinkler that would of been much better for the original shareholders of Fly Be but the then Board killed it due infighting, on paperit seemed to be a much better deal than the Vigin/Connect deal for Shareholders who withthe deal approved by the Board were in effect wiped out and lost their investments
How after less than a year can there be any Qs or risk of the company failing unless the finances in the first instance were not in place to follow the new Business plan.
The CAA needed to Approve the deal so surely they stress tested the finances available in line with the Companies new Business Plan.
Sir Richard Branson is reputed to be multi Billionaire and live as a Tax Exile on his own Island in the Caribbean - If rumors are true why does he not feel it appropriate to support the company himself financially and protect his Brand?
Stobart should stick to moving Pallets about and leave Airlines to those that fully understand the workings of a Airline.
You should stick to taking your meds and stop posting your troll comments.
You forgot to take your medication again and your idiotic rants just prove your a troll.
Here we go again, Flybe rumoured to be in trouble. This will be a great worry for all it’s staff and the “no comment” from the management does not inspire. I cannot see the government bailing out any airline that gets into trouble, after all they have set aprecedent when they refused to save Thomas Cook Airlines. If they pour taxpayers money into a failing airline just to curry favour with it’s new regional voters they will be accused of hypocrisy and rightly so.
“We have a right to be consulted and the staff have a right to know what is going on.”
No you don't
So the staff are just supposed to keep working, hope they get paid, and then be sacked if/when FlyBe goes bust? Do we live in a Democracy or a Dictatorship?
If and when FlyBe goes, the GVMT will pay the legally required redundancy payments (typically 1 or 2 weeks wages per year of service, capped)
AND YET THOSE AT THE TOP WILL GET MILLIONS OUT OF IT FAIR OR WHAT
those at the top work the hardest.
YOU and those at the top would not know what HARD work is
funny that Mr. Kane.
You claimed (ha ha ha) you owned a large haulage company and sold it.
So, you didn't work hard I guess.
ha ha ha
Sure it's fair.
Management earn their salaries.
So they earn their the money they take out of the firm even when they have made a town halls of running the firm .???
they can legally take out what is due.