Member Info for Garydav2

Nothing to worry about anyway BTFATH they can always unlock some of the value in the £280M worth of planes they have :))))) Lol

Haha you clearly never went to school £5M + $5M = 10 bananas, elephants?? Different values my friend. Greendave 66 : ))

£5m and $5M dollars not quite the £10M sterling. Have a little read...

Article now up on line to read: Blown off course Flybe is in urgent need of a new strategy

Really?? 115k that's huge.......???

Guys it's simply that they are inviting offers. Hence all the RNS'S notifying shareholders %. We are up for sale I.e. open to offers. That's it no bids...

What a happy place!! Full of contradiction bulls and bears. It's lively I'll give you that. Think most are needing a rise in SP!! But for now think the market has made its judgement. We have a year I believe to get things sorted if they don't I fear it's curtains

#Scully not sure what happened to the typing there.....

Scuĺly can I correct you sir? They haven't released £10M. It was $5M today to go with the £5M from last week. So check the cable conversion ; ))

I was thinking the same. They do have some More options possibly more property. Flybe are not cash rich hence this be need to release cash

Thank You Scully

BTFATH you're wrong. See my posts they ONLY has ONE aircraft they could do this against. The other 26 have borrowings against and the rest of the fleet are leased. Let's keep the discussions factual.....

Good short term measures in line with what was discussed at the half years results. They need this cash £5M Hangar sale and lease and $5M dollars taken against the only one aircraft that they could do this on. This measure not going to do much for the overall business long term but helps with the cash requirements over this critical winter period.

No they don't they have borrowings against the remaining 26. From memory I think it's something like £126 value against these!! They only had some value against one that they have unlocked today.

Yes they are £5M a month over the Winter period...... That's why they are: 1 Restructuring 2 Assett Sales 3 Cutting less profitable routes 4 For Sale sign up 5 Have appointed KPMG We aren't at a 9p share price for no reason. Wake up!!!

Dried up.....

Twice daily flights starting in New Year. I think the London City Airport is good business

I wonder who they are talking too? Are they still talking? Will any party make some offer to buy / merge parts of the business..... Intriguing will anything come from it?? Flybe are paying for Evercore bankers and have KPMG to look at cash flow. Would love to know what's really going on.

Woodstock me too. But things might be stabilising. Too cheap to sell out at these levels

Buy signal generated. Time to take a few people...