Flybe Share Discussion Threads

[ashbox] 26/10/2016 12:20

If the results look that bad then surely they would be obliged to also put out a profit warning & also take advantage of blaming the outgoing CEO?

[meganxmas] 26/10/2016 12:12

Im out for now 18355 shares ... really liked the recovery potential and underlying value in this share but too much uncertainty with suddenness of this ...

[bulltradept] 26/10/2016 12:10

I suppose the positive is someone new with more improved ideas?

[saltaire111] 26/10/2016 12:09

Doesn't bode well for the results. They're going to be ugly. Why else would he go at this point, just before the results? The board will have seen them and it looks to me like they've said is: not good enough and he said OK, then I'll go.

Salty.

[onething] 26/10/2016 12:08

This may affect the thinking on the share buyback, which is what I hoped would propel the so back up to 75p+.

[bruceylegs] 26/10/2016 11:53

Stepping down immediately - vainly hoping it's because of some daft Trump-style misconduct rather than serious financial under-performance or strategic faux pas.

[bulltradept] 26/10/2016 11:52

Oh dear, keeping my powder dry for lower prices, possibly...

[sandoval] 26/10/2016 11:48

O'leary was a bean counter so maybe that's what they want. Nov 9th even more interesting now.

[kumala] 26/10/2016 11:40

Oh dear...that was sudden and just before results....what next!!!!K

[kemche] 26/10/2016 11:14

The subtext is ugly.

[che7win] 26/10/2016 11:01

Flybe Group plc ("Flybe" or "the Company")Directorate ChangeFlybe today announces that Saad Hammad has by mutual agreement stepped down from his role as Chief Executive Officer of Flybe with immediate effect. The Board recognises the substantial contribution Saad Hammad has made and both the board and Saad believe it is time for a new Chief Executive Officer to lead the next phase of Flybe's long-term development.A search has commenced for a new Chief Executive Officer. Simon Laffin, Non-executive Chairman, has assumed the role of Executive Chairman until a new CEO is appointed.Saad Hammad joined Flybe in August 2013 and has led the significant transformation of Flybe into the regional airline it is today - a focused regional airline with a strong balance sheet, robust operations and an excellent customer proposition.Flybe will announce its half-year results for the period to 30th September 2016 on 9th November 2016.Simon Laffin, Executive Chairman, said;"The Board would like to thank Saad for his energy and drive which has been a major contributor towards Flybe's transformation over the last three years. He mapped out a clear vision for the Group and led it to a significantly stronger position. We wish him well for his next challenge.Whilst the whole aviation industry faces a challenging market environment, Flybe remains well placed. Our strategy remains to focus on regional routes and to provide an excellent service to our customers."Saad Hammad said;"I am very proud of what we have achieved over the last three years with a major turnaround in Flybe. Now is the right time for me to move on to a fresh challenge. I would like to thank all company employees for their hard work, passion and commitment and wish them all the best."Certain information contained in this announcement would have constituted inside information (as defined by Article 7 of Regulation (EU) No 596/2014) prior to its release as part of this announcement.Enquiries:

[kmann] 25/10/2016 12:24

Should bring a lot of jobs, during & post construction and allow airlines to expand too. Good all round imo. Engines getting cleaner and more quiet should shut the nimbys up.

[busthief2] 24/10/2016 11:25

If memory serves me correctly, I read the 9th somewhere.

[kumala] 24/10/2016 09:34

Half yr results were 11th nov last yr...assume about same date this year..K

[kmann] 24/10/2016 08:50

Sector could get a boost from the heathrow decision imo.

[dahhad] 21/10/2016 18:00

Does anyone know when the next trading update will be? Thanks

[sandoval] 21/10/2016 17:25

Does seem more like a bee hive than a birds nest. Not a clue if good or bad.

[kmann] 20/10/2016 16:04

Someone got orders in for several 100 thousand. Holding the price back a bit, but good to see significant intrest.

[kmann] 19/10/2016 13:19

Its likely the europeans will be coming to the UK for a cheap city breaks, I hear doncastor is a picture in Autum!

Seriously, London is booming with tourist taking advantage of cheap flighs and cheap .. well everything. So why not other citys/resorts.

And are you going stop the average northerner from their fun in the sun next year? The stats speak for them self imo.

The brokers are under estimating the great british desire to get away from it, and overlooking the inflow from europe for city breaks/shopping trips.

[sandoval] 19/10/2016 10:47

All regionals seem to be breaking records exept Edinburgh with Belfast losing passengers to Dublin because of APD .

[wanttowin] 19/10/2016 09:07

Another record month at Birmingham that bodes well for Flybe.

[wanttowin] 19/10/2016 08:53

A bit more news about that Cardiff route

[s34icknote] 19/10/2016 08:10

Institutions don't act on fundamentals or the real world Just topped up