Flybe Share Discussion Threads

[loganair] 14/1/2019 11:06

Flybe has sold off slots at Gatwick airport to IAG-owned budget carrier Vueling.


Vueling will pay £4.5 million for the spaces at Gatwick in two tranches, with the slots to be freed up for the summer season.

The first payment will be made in the coming days for cover summer operations, with another payment in June 2019 for winter 2019/20 and subsequent winter seasons.

Gatwick currently accommodates Flybe’s Newquay service, which is due to switch to Heathrow in March.

Flybe in 2013 sold a number of slots at Gatwick to easyJet for £20 million.

Doubt though has been cast on the Flybe rescue deal after the Virgin-led consortium, which also includes Stobart Group and private equity form Cyrus Capital, reportedly inserted a “Brexit clause” in the takeover agreement.

“sources close to the deal" saidthe deal was conditional on Flybe obtaining new operating licences and authorisations post-Brexit.

[loganair] 14/1/2019 10:58

The Cumberland News - It has been reported by Sky News that the former chief executive of Stobart Group has bought 10 per cent-worth of shares in the airline, and it is due to be disclosed on the London Stock Exchange this morning.

[once bitten1] 14/1/2019 09:47

Which posts?? Most agree it's a dead duck ... in the long term .. immediate few weeks good trading .. Then who knows!!!!

[loganair] 14/1/2019 09:39

Some posters are posting that the current share price is suggesting a higher offer from another bidder. To me the higher price is suggesting to con the average Retail Private Investor to buy Flybe shares off the Institutional Traders at a higher price then the Private Retail Investor will get once the take over goes through.

It is the Institutional Traders who are going to be the winners while sadly the average Private Retail Investors will be the lossers.

[once bitten1] 14/1/2019 09:29

No one knows .. Is the simple fact.Until the deal is .. its speculation.. AND IS WHAT THE MARKETS ARE BASED ON ..Likely scenario is pretty poor Initial outcome .. but in the interim .. jump in jump out .IMO DYOR

[aba978731dom] 14/1/2019 09:06

Where do you see this going and what will be the strategy according to your comment. I am a novice thanks

[danny baker] 14/1/2019 09:03

T34 the deadline for Rule 8.3 disclosures is 3.30 this afternoon. The big buyers will probably wait until 3.29pm if they are looking to buy some more. Any institution selling out at 2p will probably wait until near 3.30pm as well in the hope people don't notice.

[daler1966] 14/1/2019 08:38

News after 9am

[tallprawn] 14/1/2019 08:10

So the market still anticipating a higher/counter offer then... Not sure it's going to arrive personally.

[once bitten1] 14/1/2019 08:06

There it goes boys 1p!!!!

[daler1966] 14/1/2019 08:04

13000 shares bought this morning for 6p?

[t 34] 14/1/2019 07:23

Where are all these rns's about holdings ????!!!!!!!!!!!!

[once bitten1] 14/1/2019 04:56

Wait and see if it's 1p tomorrow.. if it's not as I suspect and contrary to most of your opinions . What are your excuses ... YEP !!Standard .. BS BS BS ... Pseudo intellectual garbage.. Opportunity as I said to make money on a continuous M M's contrived bounce .. And power to it I say £££

[mhin2] 14/1/2019 00:01

Anybody stuck with 1p/2p shares will vote against the deal...that is clear...the point is will tinkler accumulate shares of those selling to push the deal through...and write off any tax losses in flybe, whilst continuing to hold (and increasing stake) in what he sees as increasing value in/for Stob...

[mhin2] 13/1/2019 23:55

Is this relevant? EU urges states to detail airline ownership ahead of Brexit

[castleford t1ger] 13/1/2019 20:27

Should have bought DART losers.

Tiger.

[tonysss13] 13/1/2019 19:39

advfn137

basically it's better than the only other alternative. 0p

[phillis] 13/1/2019 19:39

Dividendless
Indeed for there is no hope of ever getting a dividend

[advfn137] 13/1/2019 19:31

"Accordingly, the Flybe Directors believe that the terms of the Acquisition are in the best interests of Flybe Shareholders as a whole and unanimously recommend that Flybe Shareholders vote in favour of the resolutions"SOMEONE EXPLAIN TO ME WHY THIS DEAL IS IN OUR BEST INTEREST?

[sandcrab2] 13/1/2019 19:31

Administration would cancel the value of the outstanding slots

If the Scheme is rejected, they will just put in a normal bid for 51% and you will be left dangling in the wind, dividendless

[europa79] 13/1/2019 18:48

Some of us accepted administration was a possibility, but.......sold for 1p?

[bray2] 13/1/2019 18:46

As mentioned numerous times do Flybe have an alternative, break Up the company and sell the assets pay off the creditors and what's left