Flybe in trouble?

Flybe could be latest airline to collapse

flybe planeThe 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.

 

 

2 thoughts on “Flybe in trouble?”

  1. Makes you wonder how Boeing are going to get over the 737 fiasco. Add to that there is talk of numerous problems with the 787 Dreamliners such as oxygen mask system not working properly and bolts not fully tightened etc. I think I’ll stick with Airbus flights although there is nothing wrong with Boeing’s 757, 767 & 777 planes.

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  2. It was the comment describing the aircraft as “ designed by clowns and supervised by monkeys “ that first caught my eye.
    Boeing have only recently stopped production of the Max 8 and I think there are something like 400 stacked awaiting FAA and of course other countries approval.
    That’s a big ‘hole’ for airlines to fill meantime as all those planes are clearly needed so the pressure is on Boeing to get the plane approved but even if they do achieve that goal, the big question still remains, with all this new and old negative publicity, will they ever gain the fare paying passengers confidence to fly in a Max 8 again?
    At least one ‘budget’ airline is doing its best to alleviate its customers fears, as it awaits delivery of the aircraft. In a recent report in the Independent the CEO of said airline is quoted as saying there will be no refunds for passengers refusing to fly when they discover they have booked a seat on a Max 8. No prizes for guessing which airline that might be then !!

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