Flybe could be latest airline to collapse
The BBC this morning is following up on a story that appeared on Sky News over the weekend, speculating that Flybe could be the next airline to go under. The most recent, and most notable example was Thomas Cook. They report that the low-cost airline has declined to comment on reports that it is in crisis talks in a bid to put together a refinancing deal.
According to Sky News, the airline, which has already been resued once, has been struggling to secure fresh finance. But Flybe said: “We don’t comment on rumour or speculation”. It said it was focusing on “providing great service and connectivity for our customers, to ensure that they can continue to travel as planned”.
The reports come a year after the airline was bought for £2.2m by a consortium including Virgin Atlantic and Stobart Group. Since then, the consortium has invested tens of millions of pounds in the troubled carrier, but losses have continued to mount. Flybe has recently blamed uncertain trading conditions and the delays over Brexit.
Boeing documents released
On a similar subject Jaime sent in a link to a CNN story, reporting some of the rather alarming history behind the Boeing 737 Max fiasco. As he says, some of it is quite shocking! In one document released by the company to the House and Senate committees, one Boeing worker to another in messages that were emailed in February 2018. “Would you put your family on a MAX simulator trained aircraft? I wouldn’t.” “No,” the other worker responded.