The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
https://www.balpa.org/Media-Centre/Press-Releases/Union-vows-to-protect-Flybe-pilots
I wonder what the Pilots are thinking. Best get the old book out, Handling The Big Jets. BA will take as many as they can at LCY.
They might do what BA did to BA CitiExpress and split it. Keep the best parts. Reorganize from there.
There may well be a bidding war. Does not mean the board will take the most money. They are dealing with a large number of employees. Think they will come first before investors.
Yeah I did. Just thought it might thats all. But you said i would be burned.
Anyway. Deal is done already. Boys at the top all chat.
Did Monarch try to restructure its credit line. When it did happen AOC pulled. Funny how Monarch Engneering still going.
It is just a view. Might not agree with some of yours thats all. It is just the way it works. No credit no AOC.
No, they had Aircraft and staff. Had no credit. CAA pulled the AOC.
You lot get very nasty. You short.
What happened to Monarch. CAA pulled their AOC.
I think it will be sorted very Quickly. I just differ on the price thats all.
Hope your correct.
Needs to be sorted very quickly. The CAA will pull there AOC.
Yeah. They will not book flights. Would you book your summer hols flights with all this going on.
You lot have a slight Obsession with Shorting. The bid will be the bid. Shorted or not. Some think it will be around 60p others 10p. Fact is nobody knows. We will find out soon enough. Enjoy trading it.
70m in the bank does not last long when flying 76 aircraft around. Especially when everybody knows you are up forsale. They will want their money. Fuel, catering, handling agents, landing fees and staff. Will the credit agreements stay in place or is it pay as you go. Now CAA and Balpa involved. Will they keep there AOC with all the uncertainty.
This is huge. Losses, put yourself up forsale. Whoever comes in, it is a recue. They will not pay premium for the privilege of buying Flybe.
If they are making profits in months brilliant. I'm talking about if they sell. Which might not happen.
They have Dash 8s and Embraers. Bases all over the UK. First priority is the Staff. Which Legacy Partner Airline will keep that on.