Ahh yes I do remember now about the franchise Jerry.Well they already operate under a Flybe franchise at Southend. I'd be surprised if they get rid of the Flybe brand. It's too well in aviation. I think they would more than likely they'd integrate Stobart Air ops into Flybe.
Looking at Jethros Fleet Listings Flybe has:I hope they would keep the flybe brand. Or intergrate their operations into flybe. Flybe have been building up a good brand reputation in Wales now and I'd had to see that go backwards.
No not really. Stobarts have built up a successful business in logistics, they already own an airline and they are cash rich and ambitious. If they keep the Flybe brand and don't tinker with what Flybe offer their customers and their airline partners i think it'll be good for both parties as it'll give Flybe financial backing and Stobart an increased presence in the aviation industry.Ahh yes I do remember now about the franchise Jerry.
Would you have any concerns personally about an acquisition?
Flybe's share price was down 25% this morning and is now around 37 pence although it's back to the position it was in before the Stobart offer was announced in January. Flybe floated in 2010 at 295 pence per share but within a year or so they had dropped to the 60-70 pence level. They did climb to around 150 pence in 2014 but the past year or more has seen them in the range of low 30 pence to high 40 pence.A share price that has bombed and a company that doesn't want to touch the airline with a barge poll. Not a good sign for the airline. Lets hope they have a good trading year ahead so they can get their act together.
Flybe's share price was down 25% this morning and is now around 37 pence although it's back to the position it was in before the Stobart offer was announced in January. Flybe floated in 2010 at 295 pence per share but within a year or so they had dropped to the 60-70 pence level. They did climb to around 150 pence in 2014 but the past year or more has seen them in the range of low 30 pence to high 40 pence.
Some analysts believe the Flybe stock is under-valued and that the new management focus will improve the company's fortunes and drive the share price and company value higher. Against that, it has been under-performing for years and there is a need to show some positive evidence that the latest strategy is likely to work.
There might be more ups and down in Flybe's chequered history since flotation before its future becomes clearer. Ironically, if it does turn itself around it's likely to interest would-be purchasers as it would probably still be affordable.
http://www.hl.co.uk/shares/shares-search-results/f/flybe-group-plc-ord-1pFlybe's share price is essentially back to what it was pre Stobart announcing that they were looking at investing/buying, the price may even be a little higher.
Financial highlightsFlybe released their results this morning. The overall loss went from 6 million last year to about 19.6 million this year. Not good results and some was put down to weather but most was put down to their operations how they are run.I can see a few changes across the board to try and get these losses down.