I think the placing shares have been drip fed in over the last couple of weeks as sells and are being bought up by pi's and as we saw recently the likes of Standard Life, once cleared this could see a very quick correction to circa 137-140p imho
I'm also waiting with great interest to see the passenger numbers on the new Southend to Rennes and Caen-Normandy routes. Stobart have invested huge amounts of cash into London Southend airport and it's really growing at present. Knowing a couple of people that work there helps to reinforce my view that it's growing fast. It's always had potential but until Stobart pumped money in it wasn't going anywhere, the new rail link is also extremely important and getting busier and busier.
No comparison to other airlines
I really like the way the new management are setting the company apart from the typical low cost airline. This company bears no comparison to the likes of Easyjet and Ryanair who have an awful reputation for customer service. I think FLYB are at the start of a sustained period of growth and offering regional routes that do not compete with anyone else is a very shrewd move. Have a look at this article for an example of how being different could not only attract but retain clients. http://www.thornegazette.co.uk/what-s-on/out-about/flybe-serves-up-a-treat-as-it-reveals-new-on-board-menu-1-6730258
Good source of research to get an insight into the diversity of FLYB http://www.linkedin.com/company/flybe-aviation-services?
All I know is it's common knowledge at Brize Norton that changes are coming
Sheldon-I agree that this should head upwards now. The MOD contract signing will be a major event imo and the SP should react accordingly. I'm a bit more nervous about the summer update but it's a good management team so hopefully have turned this round. Any guestimates for when contract might be signed?
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