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13 DECEMBER 2021

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Article from BTNews 13 DECEMBER 2021

Flybe mystery added *

BTN reported 29 November real progress with Flybe although no routes or a start-up date has been noted.

The Telegraph reports that Lucien Farrell, a partner in the airline, is trying to sell his shares for a suggested £45m. 

The media shy hedge fund manager allegedly has contacted potential stakeholders in order to sell his investment.

The real value of Flybe is tied up with historical slots at Heathrow which the airline inherited via the British Airways purchase of the then Lufthansa-owned BMI.

In the meantime the airline has appointed Assured Aviation Services as its new ground handling partner at Birmingham Airport.  

The Warwickshire-based company will provide full ground handling services for the airline including passenger, baggage, cargo and ramp handling and aircraft cleaning.

Part of the Assured Group, Assured Aviation Services currently operates from Gatwick, Heathrow and Luton airports and the Flybe appointment will be the company's first at Birmingham.

www.flybe.com

https://assuredaviation.co.uk

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OUR READERS' FINEST WORDS (All times and dates are GMT)

All comments are filtered to exclude any excesses but the Editor does not have to agree with what is being said. 100 words maximum


transtraxmann xxxxxxxx, Spain

The questions raised by the previous commentators need answering. I would like to add an additional question. If the policy regarding airport slots is "use it or lose it", how is it that after so many months Flybe still has slots to sell? And this this is why they have not been sold already?


Graham Stephenson, UK

How is it possible for Flybe to start up again and for a shareholder to be looking to sell his shares for 45 mio. What is going on? How are the shareholders getting away with operating a company that has failed and still owes so much money to creditors, in particular to former staff who did not even get their last month's pay or indeed any compensation; yet a shareholder can offer his share for sale for 45 mio. There are sufficient assets (valuable slots) to cover the amount due to former staff, so surely they should receive the full amount of the money owed as a priority.


Jim Smith, Wolverhampton

One aircraft does not make an airline. It seems to me that Birmingham is a good place to start for Flybe but firm news is what is wanted.


Josh Hope, Coventry

What I want to know is when Flybe is to start flying and to where? Also when will the web site become live?


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