Government considers new funding for Flybe
13/01/2020 | news | business | 424
The prime minister says there is "no doubt" about the importance of regional airline Flybe.
1
14/01/2020 12:46:41 31 16
bbc
Funding an airline and scrapping HS2 is madness.
2
14/01/2020 12:47:42 29 22
bbc
Put it out of its misery, shocking badly run company does not care one jot about its image or client base. Check out Trip Advisor to gauge what the public think of this awful shameful profiteering airline. I would never fly with them again for the pain they put me and my family through, damage is done.
3
14/01/2020 12:48:22 50 108
bbc
Brexit strikes again.
4
14/01/2020 12:48:22 109 49
bbc
Great idea.....cut airline taxes as the globe burns
5
14/01/2020 12:48:53 103 27
bbc
Is there a magic money tree somewhere?
6
14/01/2020 12:48:53 8 5
bbc
Sincerely hope the funding is found but don't hold out hope of a handout from the Government, they only support their banking buddies. Everyone else can just whistle
7
14/01/2020 12:49:23 87 73
bbc
Government funding for a planet killing industry is shocking and should not be happening in 2020. Let it go to the wall!
8
14/01/2020 12:49:23 21 2
bbc
The Government “considers”. It will not happen - this is the new Cummings strategy. Put something out saying the Government are considering or reviewing then do nothing. People are then tricked into believing they are actually doing something.
9
14/01/2020 12:49:53 7 14
bbc
Ironically, one of the great benefits of leaving the EU is we can assist regional airlines or routes as we please. Under EU regulations we would have to scrap air passenger duty across the board rather than be able to target assistance in maintaining transport infrastructure. The BBC were citing EU regulations preventing this just a few hours back. Don't they read the news?
10
14/01/2020 12:49:53 28 18
bbc
They won't be able to save every business after Brexit...
11
14/01/2020 12:49:53 109 36
bbc
Government supporting Flybe? I wonder who has shares in them then...
301
14/01/2020 15:15:48 7 3
bbc
11. Posted byRoy G Bivon 2 hours ago Government supporting Flybe? I wonder who has shares in them then... -------------------------------------------------------------- It's a private company owned by Virgin, Stobart and a private equity firm. Do your research before spouting conspiracies
12
14/01/2020 12:50:34 162 16
bbc
For once I agree with Boris, it is not for Govt to come to the rescue of ailing companies who bring about their own demise. Shouldn't shareholders who creamed off dividend after dividend be asked to pay it back???
106
14/01/2020 13:08:46 6 4
bbc
12. Posted by K-Dogg on 18 minutes ago For once I agree with Boris, it is not for Govt to come to the rescue of ailing companies who bring about their own demise. Shouldn't shareholders who creamed off dividend after dividend be asked to pay it back??? -- Do you mean those dividends that pay for your pension????
13
14/01/2020 12:51:04 4 3
bbc
Any tax breaks to passanger tax etc will benefit the big boys as well as the likes of flybe.
14
14/01/2020 12:51:04 6 20
bbc
Thanks to Brexit, the UK will be able to subsidise comnpanies when we need to. In fact, why don't you just do it now Boris. What could they do about it? Kick us out?
15
14/01/2020 12:51:34 37 33
bbc
. I don't want to subsidise cheep flights …..do you let it go we don't need it .
35
14/01/2020 12:58:32 6 3
bbc
15. Posted bykeefon 3 minutes ago . I don't want to subsidise cheep flights …..do you let it go we don't need it Not exactly subsidising , its a cut in duty , that duty is a revenue you have shared in the benefit of technically , life has to work both ways !
53
14/01/2020 13:07:12 16 4
bbc
@15. keef I don't want to subsidise cheep flights …..do you let it go we don't need it. + Try telling that to people who live in far flung places with no decent rail service and no other airline.
16
14/01/2020 12:51:54 10 7
bbc
If Flybe fall then another will take their place as we have seen with Thomas cook We should not bail out businesses that don't succeed As bad as it would be for the employees if they are to fail then so be it, Government efforts should be in getting them back into empoyment
17
14/01/2020 12:52:55 4 9
bbc
Absurdly and artificially constrained in what we can do by being in EU; find temporary measure (APD) to keep this service alive and implement full solution 1st February.
18
14/01/2020 12:52:55 16 5
bbc
Until recently FlyBe had a tie up with Loganair (who service the Hebrides). Loganair gets a subsidy for providing life-lines to the Islands. The concept isn't totally alien. Also given Boris's many pledges to improve transport links beyond London allowing a regional airline to die is contradictory.
19
14/01/2020 12:52:55 7 12
bbc
So we propose to cut tax on all flights losing billions of £ to the treasury to save an airline that has gone bust? We'll notice no drop in prices of tickets naturally and the treasury will be even more broke with the new raft of budget promises that it can't afford as most people in the UK are net debtors not contributors. Utter madness. Isnt brexit going well! (And yes of course its a factor)
20
14/01/2020 12:53:05 45 35
bbc
I hope funding is found and Flybe continues on. It provides an important domestic and international flights. All these Climate Change doo-gooders saying let it go to the wall have no idea about the tragedy of redundancy and those communities who depend on Flybe’s services. I really hope Flybe continues and gains stability for all concerned.
38
14/01/2020 12:59:28 5 2
bbc
20.General Apathy...more tosh, you're saying anyone concerned about the climate has never experienced redundancy! As for a company putting profit above all else let it collapse.
21
14/01/2020 12:53:25 78 9
bbc
If you don't run a business successfully then it has to go bankrupt. Government should never step in and "save" a failing business unless they are prepared to do the same for everyone.
162
14/01/2020 13:51:15 5 5
bbc
@21 21stCenturyWitzVoidMan Government should never step in and "save" a failing business unless they are prepared to do the same for everyone. ### The difference is that, as an airline operating out of regional airports, it provides a public service. We keep being told that the UK is London centric, which it is, so this is Boris' attempt to support other areas as he promised.
22
14/01/2020 12:53:25 6 3
bbc
'Wonderif' there's more to this? Connect Airways (Virgin Atlantic, Stobart Group and Cyrus Capital) bought Flybe in February 2019 for £2.2 Million How did Virgin, Stobart and Cyrus get wrong in less than a year?
23
14/01/2020 12:53:25 6 4
bbc
'Wonderif' there's more to this? Connect Airways (Virgin Atlantic, Stobart Group and Cyrus Capital) bought Flybe in February 2019 for £2.2 Million How did Virgin, Stobart and Cyrus get wrong in less than a year?
24
14/01/2020 12:53:55 98 1
bbc
The British people have been let down for decades by both parties in terms of (lack of) an integrated, long-term transport policy. HS2 and CrossRail are just vanity/flagship projects. Look at Grayling and Southern as a prime example of Try transport management. Perhaps flybe should be subsidised, perhaps it shouldn't. But dealing with these issues piecemeal solves nothing.
79
14/01/2020 13:18:37 3 1
bbc
re 24 Looked into it yesterday and even with 11 weeks to go the price of rail and air is extortionate. // You wont find cheap deals on tickets 11 weeks from your journey. You need to try about a month before. Get a 2 together ticket and save 30% as well. Driving that distance will make your short break tiring and hardly a holiday.
25
14/01/2020 12:54:15 112 6
bbc
Hilarious. Planning a trip to London for a few days all is sorted apart from travel from Scotland. Looked into it yesterday and even with 11 weeks to go the price of rail and air is extortionate. Guess what we are going to drive to just North of London and get a local train in. The trip for two would cost more than a central London hotel for 3 nights but they want you to use public transport!!
28
14/01/2020 12:56:36 40 2
bbc
25 Wild_Scottish_Chickon Hilarious. trip to London all is sorted apart from travel from Scotland. With 11 weeks to go the price of rail and air is extortionate. We are going to drive to just North of London and get a local train in. The trip for two would cost more than a central London hotel for 3 nights but they want you to use public transport!! -- Excellent post - exactly the UK problem
129
14/01/2020 13:40:59 3 3
bbc
@25 - I do these trips regularly and even a week in advance the train works out cheaper when you factor in fuel costs, wasted time, and the wear and tear on your car. Factor all of that in and it would be costing me over £200 and 8 hours for a round trip from Edinburgh to London. By train, it's more like £120 and half the time plus you don't have to think about parking etc.
26
14/01/2020 12:54:35 88 16
bbc
Why are they wanting to waste public cash on a poorly run company?
27
14/01/2020 12:54:45 7 5
bbc
"The prime minister told the BBC that it was "not for government" to step in and save companies that run into trouble."... ...then apparently plans to do exactly that Subsidising loss-making climate-destroying companies is utter hypocritical madness
25
14/01/2020 12:54:15 112 6
bbc
Hilarious. Planning a trip to London for a few days all is sorted apart from travel from Scotland. Looked into it yesterday and even with 11 weeks to go the price of rail and air is extortionate. Guess what we are going to drive to just North of London and get a local train in. The trip for two would cost more than a central London hotel for 3 nights but they want you to use public transport!!
28
14/01/2020 12:56:36 40 2
bbc
25 Wild_Scottish_Chickon Hilarious. trip to London all is sorted apart from travel from Scotland. With 11 weeks to go the price of rail and air is extortionate. We are going to drive to just North of London and get a local train in. The trip for two would cost more than a central London hotel for 3 nights but they want you to use public transport!! -- Excellent post - exactly the UK problem
29
MVP
14/01/2020 12:57:27 33 8
bbc
Why should a failing airline receive state aid when other businesses are allowed to go bankrupt?
55
14/01/2020 13:07:42 3 5
bbc
29.....got to keep the Tory shareholders happy. What a Tory culture we have ended up with, and most people just can't see it. The Conservative Social Cleansing Party with not many people not even aware of what that is.
30
14/01/2020 12:57:37 6 1
bbc
Why have the two private buyers not put in the £100m they said they would? Also scrapping the tax really does not effect the company as the tax is paid by the customer.
31
jay
14/01/2020 12:57:47 6 5
bbc
K-dogg you vote for Corbyn by any chance? Hate the rich, blame shareholders and companies for everything eh? Hate to disappoint you but no dividends were paid to Flybe shareholders, do some research before posting politicized crap.
32
14/01/2020 12:57:57 19 6
bbc
Why exactly the tax payer picking this up, its a private business for heavens sake. Let me guess some Tory donors are shareholders, but they were still getting their dividends while the company was making a loss.
56
jay
14/01/2020 13:07:42 6 1
bbc
32. Posted by John Why exactly the tax payer picking this up, its a private business for heavens sake. Let me guess some Tory donors are shareholders, but they were still getting their dividends while the company was making a loss. ----- OK please tell me what the last dividend payment was since you know so much. Give you a clue, none has ever been paid
75
14/01/2020 13:17:07 30 2
bbc
32. Posted byJohnon Why exactly the tax payer picking this up ... they were still getting their dividends while the company was making a loss. --- Exactly this - I don't mind CEO's getting high salaries for doing a good job, I don't mind shareholders getting pay outs if the company is doing well but rewarding failure is far too common.
33
14/01/2020 12:58:17 3 4
bbc
Simple solution divide the annual loss by the number of passengers a year. Then increase the fares by that amount and a bit extra so the company now makes a profit. Also try to reduce operating cost by 5%
39
14/01/2020 13:00:28 7 2
bbc
33. felixstowe_jak Simple solution divide the annual loss by the number of passengers a year. Then increase the fares by that amount and a bit extra so the company now makes a profit. --- A bit too simple as it assumes everyone who travelled on the lower fare will continue to travel on the higher fare..... CUTTING the fare to ensure the planes are full could be more effective
34
14/01/2020 12:58:17 8 5
bbc
You mean 'government consider using TAXPAYERS money as a bailout'. No doubt all the highly-paid, useless lizards (senior management) will keep their jobs, pensions and bonuses. Massive shareholder payouts are without a doubt the biggest cause of companies folding, and they always walk away scot-free. Has Branson paid any tax yet?
15
14/01/2020 12:51:34 37 33
bbc
. I don't want to subsidise cheep flights …..do you let it go we don't need it .
35
14/01/2020 12:58:32 6 3
bbc
15. Posted bykeefon 3 minutes ago . I don't want to subsidise cheep flights …..do you let it go we don't need it Not exactly subsidising , its a cut in duty , that duty is a revenue you have shared in the benefit of technically , life has to work both ways !
36
14/01/2020 12:58:32 19 7
bbc
the gov wouldn’t bail thomas cook out so why should flybe get money off the gov, the gov shouldn’t help companies that have been ran poorly and with greedy ceo’s sad for the staff but bail them out and in a years time they could still go bust
78
14/01/2020 13:17:27 12 1
bbc
"36. Posted bylou1020on 16 minutes ago the gov wouldn’t bail thomas cook out so why should flybe get money off the gov..." Partly agree but TC didn't have the strategic importance that Flybe's connectivity to some distant corners of the UK does.
37
14/01/2020 12:58:32 40 5
bbc
At £155 return per person for London to Newquay any drop of tax isn't going to make a huge dent in the ticket prices. Seems that all the travel options, train, bus, flight are never going to be comparable to taking the car where the round trip London to Newquay would be circa £30 per person (based on two). Public transport is a rip off bout time something was done about it
20
14/01/2020 12:53:05 45 35
bbc
I hope funding is found and Flybe continues on. It provides an important domestic and international flights. All these Climate Change doo-gooders saying let it go to the wall have no idea about the tragedy of redundancy and those communities who depend on Flybe’s services. I really hope Flybe continues and gains stability for all concerned.
38
14/01/2020 12:59:28 5 2
bbc
20.General Apathy...more tosh, you're saying anyone concerned about the climate has never experienced redundancy! As for a company putting profit above all else let it collapse.
33
14/01/2020 12:58:17 3 4
bbc
Simple solution divide the annual loss by the number of passengers a year. Then increase the fares by that amount and a bit extra so the company now makes a profit. Also try to reduce operating cost by 5%
39
14/01/2020 13:00:28 7 2
bbc
33. felixstowe_jak Simple solution divide the annual loss by the number of passengers a year. Then increase the fares by that amount and a bit extra so the company now makes a profit. --- A bit too simple as it assumes everyone who travelled on the lower fare will continue to travel on the higher fare..... CUTTING the fare to ensure the planes are full could be more effective
40
JGC
14/01/2020 13:00:28 4 5
bbc
There might be a case for subsidy on some routes, such as to islands and the Scottish Highlands from England and between Northern Ireland and the rest of the UK. However a blanket cut, not so sure. They run routes such as London to Exeter for example, which is a 2 hour journey by train, it does not make sense to be flying such routes.
49
14/01/2020 13:04:10 9 0
bbc
40. JGC They run routes such as London to Exeter for example, which is a 2 hour journey by train, it does not make sense to be flying such routes. --- It does if the hold is full of Royal mail.... the post mostly travels by air these days & Exeter is a major hub for loading letters from the SW onto planes. Also passengers may connect with long haul flights. Paddington to Gatwick is awkward.
41
14/01/2020 13:00:28 8 5
bbc
Perhaps subsidising routes to remote Island communities that are not commercial is justified. But a blanket subsidy across the entire industry that would also have to be applied to foreign carriers is definitely NOT. Bozo is yet again coming out with his Garden Bridge, Water Cannon, Boris Bus, Boris Island joined up thinking that was such a disaster in London.
42
14/01/2020 13:00:28 3 7
bbc
It is great that the new government takes climate change seriously. Just abandon all short distance flights and replace by AFFORDABLE and RELIABLE rail options.
44
14/01/2020 13:02:09 22 3
bbc
@42. Angel of the North It is great that the new government takes climate change seriously. Just abandon all short distance flights and replace by AFFORDABLE and RELIABLE rail options. -- AFFORDABLE and RELIABLE rail options.... Now that's a real Unicorn
54
14/01/2020 13:07:22 4 1
bbc
42. Posted by Angel of the North It is great that the new government takes climate change seriously. Just abandon all short distance flights and replace by AFFORDABLE and RELIABLE rail options. ~~~~~ On the assumption you're Gateshead/Newcastle based it must be great actually having good rail links. Shame a lot of the North East doesn't, never mind affordable/reliable.
43
14/01/2020 13:01:49 3 3
bbc
In response of suspending APD as a tax, Flybe should set out its clear plans to be carbon neutral. And if it can’t, it should go. If it can, it would be a win for passengers, the climate and local communities.
42
14/01/2020 13:00:28 3 7
bbc
It is great that the new government takes climate change seriously. Just abandon all short distance flights and replace by AFFORDABLE and RELIABLE rail options.
44
14/01/2020 13:02:09 22 3
bbc
@42. Angel of the North It is great that the new government takes climate change seriously. Just abandon all short distance flights and replace by AFFORDABLE and RELIABLE rail options. -- AFFORDABLE and RELIABLE rail options.... Now that's a real Unicorn
45
14/01/2020 13:03:20 7 4
bbc
Airlines should be treated like any other business. They own it, so manage it. Many companies more important have been allowed to fail.
69
14/01/2020 13:12:04 8 3
bbc
45. Posted by brian1955 on 2 minutes ago Airlines should be treated like any other business. They own it, so manage it. Many companies more important have been allowed to fail. Except banks of course. As for reducing tax on flights surely we should be looking at increasing tax to deter unnecessary air travel.Virgin Atlantic is a co owner if they are not reinvesting nor should we.
46
14/01/2020 13:03:40 6 2
bbc
The problem now is that unless positive action is taken, the airline will go to the wall. Without positive action, a buyout, or scrapping APD & postponing flybe's payment to HMRC, there will be no new bookings. Even with action, I foresee flybe having to drop its fares to crazy low levels until this blows over. Without serious incentive, no one will be daft enough to risk a flybe booking.
47
JGC
14/01/2020 13:03:50 5 5
bbc
I think FlyBe is doomed now whatever happens. Would you book a flight with an airline that was on the brink of going bust? The profitable routes will be taken up by other airlines such as LoganAir.
48
14/01/2020 13:03:50 13 13
bbc
Not a single penny of taxpayers money should be used. Do you hear that, Johnson ?
40
JGC
14/01/2020 13:00:28 4 5
bbc
There might be a case for subsidy on some routes, such as to islands and the Scottish Highlands from England and between Northern Ireland and the rest of the UK. However a blanket cut, not so sure. They run routes such as London to Exeter for example, which is a 2 hour journey by train, it does not make sense to be flying such routes.
49
14/01/2020 13:04:10 9 0
bbc
40. JGC They run routes such as London to Exeter for example, which is a 2 hour journey by train, it does not make sense to be flying such routes. --- It does if the hold is full of Royal mail.... the post mostly travels by air these days & Exeter is a major hub for loading letters from the SW onto planes. Also passengers may connect with long haul flights. Paddington to Gatwick is awkward.
50
14/01/2020 13:04:30 2 5
bbc
If Flybe go bust the logical result would be Virgin Atlantic buy the slots and planes to continue the service.
63
14/01/2020 13:10:33 4 0
bbc
@50.andyunlimited If Flybe go bust the logical result would be Virgin Atlantic buy the slots and planes to continue the service. + They've effectively already done that
51
14/01/2020 13:06:11 12 7
bbc
Air Passenger Duty for domestic flights is ridiculous, talk about shooting ourselves in the foot. Based on the £13 charge, you would need 8 billion flights (120 flights per UK person) just to cover the projected £108bn cost of HS2 (excluding all the carbon costs for mining and producing the materials to build it) Sometimes, as a nation, we fail to see the wood from the trees. Scrap UK APD.
52
14/01/2020 13:07:12 5 1
bbc
To all those who think we should all travel by rail, you do realise it is at full capacity. How many trains do you think can go down the main lines. At most a train can hold 500, so if a train went down the line every 5 mins that is only 6k per hour, and that is assuming no local services used the line. Would need to built hundreds of new lines to increase the capacity, which would cost billions.
15
14/01/2020 12:51:34 37 33
bbc
. I don't want to subsidise cheep flights …..do you let it go we don't need it .
53
14/01/2020 13:07:12 16 4
bbc
@15. keef I don't want to subsidise cheep flights …..do you let it go we don't need it. + Try telling that to people who live in far flung places with no decent rail service and no other airline.
42
14/01/2020 13:00:28 3 7
bbc
It is great that the new government takes climate change seriously. Just abandon all short distance flights and replace by AFFORDABLE and RELIABLE rail options.
54
14/01/2020 13:07:22 4 1
bbc
42. Posted by Angel of the North It is great that the new government takes climate change seriously. Just abandon all short distance flights and replace by AFFORDABLE and RELIABLE rail options. ~~~~~ On the assumption you're Gateshead/Newcastle based it must be great actually having good rail links. Shame a lot of the North East doesn't, never mind affordable/reliable.
29
MVP
14/01/2020 12:57:27 33 8
bbc
Why should a failing airline receive state aid when other businesses are allowed to go bankrupt?
55
14/01/2020 13:07:42 3 5
bbc
29.....got to keep the Tory shareholders happy. What a Tory culture we have ended up with, and most people just can't see it. The Conservative Social Cleansing Party with not many people not even aware of what that is.
32
14/01/2020 12:57:57 19 6
bbc
Why exactly the tax payer picking this up, its a private business for heavens sake. Let me guess some Tory donors are shareholders, but they were still getting their dividends while the company was making a loss.
56
jay
14/01/2020 13:07:42 6 1
bbc
32. Posted by John Why exactly the tax payer picking this up, its a private business for heavens sake. Let me guess some Tory donors are shareholders, but they were still getting their dividends while the company was making a loss. ----- OK please tell me what the last dividend payment was since you know so much. Give you a clue, none has ever been paid
57
14/01/2020 13:07:42 2 10
bbc
When you look at their major destinations, is it any wonder they are not making money?? US$32.2 million for a DASH Q400 Aircraft - it's fairly obvious Flybe should be left to go into liquidation.
58
14/01/2020 13:08:12 14 3
bbc
The issue with this one though is that it is massively in the national interest to save Flybe as hundreds of businesses rely on it as their only mode of transport due to 50 years of non investment in rail and road infrastructure. Until that happens then 100s of directly dependent business will also go under if Flybe collapses. They bailed the Banks out after all
59
14/01/2020 13:08:42 7 6
bbc
The government will need to give ' short term funding' to numerous businesses after December this year! ??
60
14/01/2020 13:08:52 5 13
bbc
Bonkers. Spend the money on trees instead.
61
14/01/2020 13:08:52 73 24
bbc
Some environmentalists do not live in the real world. If you live on the island of Guernsey, you cannot cycle or walk to London or Bristol or wherever (let alone drive or take a train), you have to fly or take a boat and then drive or take a train. This is all about realistic connectivity and Boris made it clear at the election that the Tories were going to improve regional travel.
300
14/01/2020 15:15:28 0 3
bbc
@ 61. Here we go again using a minority driven argument to justify a stance in a problem of much larger significance. Move to the mainland.
62
14/01/2020 13:09:13 11 1
bbc
Its 5 hours to drive from Newquay to London and costs and average car owner £75 to drive, the train is 5 hours and costs well into the £100's unless you get really lucky with a ticket. Do some sort of subsidies short term as air travel is not going away but link the subsidies to making the air travel greener, something the industry is not keen to embrace.
50
14/01/2020 13:04:30 2 5
bbc
If Flybe go bust the logical result would be Virgin Atlantic buy the slots and planes to continue the service.
63
14/01/2020 13:10:33 4 0
bbc
@50.andyunlimited If Flybe go bust the logical result would be Virgin Atlantic buy the slots and planes to continue the service. + They've effectively already done that
64
14/01/2020 13:11:04 10 15
bbc
Let them go. Short haul flights have no future if we are help mitigate climate change.
65
14/01/2020 13:11:24 11 10
bbc
Why is it acceptable to bail out Flybe and not Thomas Cook. We should be discouraging air travel so it would be more appropriate to see a significant increase in air passenger duty not a decrease.
66
14/01/2020 13:11:34 5 5
bbc
why didnt they save woolworths,monarch,thomas cook and everyone else,now they have johnson in power does that mean the tories start to save industry by throwing cash around,privatisation means no help even carillion had to go under,no way should taxpayers cash be given to failing companies thats for shareholders to prop up,is boris now a business fan all of a sudden,british steel next in line/
67
14/01/2020 13:11:34 4 1
bbc
"driving from Newcastle to Newquay would cost about £35 in tax. In comparison an air traveller would pay just £13 in air passenger duty." Super frustrating
68
14/01/2020 13:11:34 40 5
bbc
The prime minister: "We see the importance of Flybe in delivering connectivity across the whole of the United Kingdom." One doesn't dispute that. So, why let the profits from our railways be harvested by foreign rail companies? They 'connect' a lot more people across the UK.
45
14/01/2020 13:03:20 7 4
bbc
Airlines should be treated like any other business. They own it, so manage it. Many companies more important have been allowed to fail.
69
14/01/2020 13:12:04 8 3
bbc
45. Posted by brian1955 on 2 minutes ago Airlines should be treated like any other business. They own it, so manage it. Many companies more important have been allowed to fail. Except banks of course. As for reducing tax on flights surely we should be looking at increasing tax to deter unnecessary air travel.Virgin Atlantic is a co owner if they are not reinvesting nor should we.
74
14/01/2020 13:16:46 4 1
bbc
69. Shaun Tew Airlines should be treated like any other business. They own it, so manage it. Many companies more important have been allowed to fail. Except banks of course. As for reducing tax on flights surely we should be looking at increasing tax to deter unnecessary air travel.... Of course you also missed out the highly subsidised rail network...any reason for that?
70
14/01/2020 13:12:55 4 1
bbc
Let’s be clear here, the Cardiff/Anglesey route doesn't serve the North Wales region, it serves a local district- Anglesey. It's just an expensive novelty paid for by tax payers. Overall it’s no quicker to drive North from the mainland to catch a flight to Cardiff- then somehow to your destination than it is to drive south directly. Nuts!
71
14/01/2020 13:14:15 7 6
bbc
Why should the taxpayer be expected to bail out this company? It's not even as if all the routes (and jobs) will be lost. Other operators with more sustainable business models would snap up any routes that are economic to run (supported by subsidies, if applicable), along with planes, staff and landing slots. I suspect there are some big conservative donors amongst FlyBe's shareholders.
72
14/01/2020 13:14:45 19 2
bbc
Further proof that 80's 'free market' ideology is wrong! As a right-wing voter, Thatchers ideals are well and truly busted: Carillion, NHS (shambles) etc. If the UK Government had invested in NATIONAL infrastructure (ie not just London, like Crossrail) then there would be no issue in letting Flybe fold. As it is, HS2 will be at least 25 years away from Manchester and will never reach Scotland.
73
14/01/2020 13:15:56 2 6
bbc
Treat private companies the same way we treat the homeless, its not the countries responsibility so let them die because socialism is evil.
69
14/01/2020 13:12:04 8 3
bbc
45. Posted by brian1955 on 2 minutes ago Airlines should be treated like any other business. They own it, so manage it. Many companies more important have been allowed to fail. Except banks of course. As for reducing tax on flights surely we should be looking at increasing tax to deter unnecessary air travel.Virgin Atlantic is a co owner if they are not reinvesting nor should we.
74
14/01/2020 13:16:46 4 1
bbc
69. Shaun Tew Airlines should be treated like any other business. They own it, so manage it. Many companies more important have been allowed to fail. Except banks of course. As for reducing tax on flights surely we should be looking at increasing tax to deter unnecessary air travel.... Of course you also missed out the highly subsidised rail network...any reason for that?
32
14/01/2020 12:57:57 19 6
bbc
Why exactly the tax payer picking this up, its a private business for heavens sake. Let me guess some Tory donors are shareholders, but they were still getting their dividends while the company was making a loss.
75
14/01/2020 13:17:07 30 2
bbc
32. Posted byJohnon Why exactly the tax payer picking this up ... they were still getting their dividends while the company was making a loss. --- Exactly this - I don't mind CEO's getting high salaries for doing a good job, I don't mind shareholders getting pay outs if the company is doing well but rewarding failure is far too common.
76
14/01/2020 13:17:07 4 13
bbc
Why are they helping Flybe and wouldn't entertain supporting Thomas Cook? Double standards.
81
14/01/2020 13:19:48 47 8
bbc
76 Why are they helping Flybe and wouldn't entertain supporting Thomas Cook? Double standards ---------- Because Flybe is responsible for a lot of connectivity within Britain and Thomas Cook was not
77
14/01/2020 13:17:07 7 5
bbc
Plough the money into better and cheaper low-emission transport, not chuffing out serious amounts of pollution into the atmosphere. If you live on an island, you cannot expect the same convenient connectivity, unless you don't care about the environmental costs of course. Many trips are actually not essential. We just expect more and more, without caring about the consequences.
36
14/01/2020 12:58:32 19 7
bbc
the gov wouldn’t bail thomas cook out so why should flybe get money off the gov, the gov shouldn’t help companies that have been ran poorly and with greedy ceo’s sad for the staff but bail them out and in a years time they could still go bust
78
14/01/2020 13:17:27 12 1
bbc
"36. Posted bylou1020on 16 minutes ago the gov wouldn’t bail thomas cook out so why should flybe get money off the gov..." Partly agree but TC didn't have the strategic importance that Flybe's connectivity to some distant corners of the UK does.
24
14/01/2020 12:53:55 98 1
bbc
The British people have been let down for decades by both parties in terms of (lack of) an integrated, long-term transport policy. HS2 and CrossRail are just vanity/flagship projects. Look at Grayling and Southern as a prime example of Try transport management. Perhaps flybe should be subsidised, perhaps it shouldn't. But dealing with these issues piecemeal solves nothing.
79
14/01/2020 13:18:37 3 1
bbc
re 24 Looked into it yesterday and even with 11 weeks to go the price of rail and air is extortionate. // You wont find cheap deals on tickets 11 weeks from your journey. You need to try about a month before. Get a 2 together ticket and save 30% as well. Driving that distance will make your short break tiring and hardly a holiday.
80
14/01/2020 13:19:38 3 4
bbc
No government bailout should take place. They are moaning about air passenger duty. It's a cost paid by the people who fly not the airline they simply forward it on to the government. If a route is not profitable then dont fly. I recently looked at a flight to Scotland flybe was £ 258 each way. Cost me £ 93 in the car. Yet it took longer and saved me a taxi at the other end.
76
14/01/2020 13:17:07 4 13
bbc
Why are they helping Flybe and wouldn't entertain supporting Thomas Cook? Double standards.
81
14/01/2020 13:19:48 47 8
bbc
76 Why are they helping Flybe and wouldn't entertain supporting Thomas Cook? Double standards ---------- Because Flybe is responsible for a lot of connectivity within Britain and Thomas Cook was not
90
14/01/2020 13:25:31 7 6
bbc
81. Pedro321 "Because Flybe is responsible for a lot of connectivity within Britain..." If they want it, they can pay for it. That's what "we" voted Tory for. All of this socialism and back door nationalisation. Don't need it. A company fails? Let it fail.
82
14/01/2020 13:20:08 8 13
bbc
The government let Thomas Cook go under. So why save FlyBe.
83
14/01/2020 13:20:28 7 13
bbc
If they don't make a profit let them die. Why should I pay for someone to fly to these places.
84
14/01/2020 13:20:28 6 1
bbc
Just to clear this up before yet another poster makes the uninformed comment Shareholders received no dividends at all
85
14/01/2020 13:20:38 22 11
bbc
After January 31st 2021 a lot of businesses will need funding help to continue
86
14/01/2020 13:21:29 6 3
bbc
Flybe management (current and old) and shareholders should be the ones coughing up - not the government and the public. Sets a dangerous precedent and encourages the same again. If there is true demand for regional flights then another existing company or a new one will fill the void.
87
14/01/2020 13:24:10 1 2
bbc
Drat! I was hoping to get a good night's sleep and not be woken up in the early hours by a noisy prop-driven aircraft overhead. At least Heathrow has to give the long-suffering public a few hours respite. Not Flybe!
88
14/01/2020 13:24:50 2 2
bbc
The last time time I flew to Shetland, it cost me in the region of £400, that’s madness. To reinforce the financial cost, locals get massive subsidies to use the service, so they aren’t promoting the service or the area to tourists. They have a failed business model and it’s their fault not the taxpayer. Dreadfully sorry for the staff, but an astute employee would have seen this coming and move.
89
DW
14/01/2020 13:25:01 6 0
bbc
I thought private business, corporations, banks etc don't like Government/State interfering in the market place! As usual they are more than happy for the hand out when they need it. Even if it fails the State will be paying the bill to support the employees that will lose their job. The State provides the safety net....maybe it's time for them all to stop complaining about 'Big Government'.
81
14/01/2020 13:19:48 47 8
bbc
76 Why are they helping Flybe and wouldn't entertain supporting Thomas Cook? Double standards ---------- Because Flybe is responsible for a lot of connectivity within Britain and Thomas Cook was not
90
14/01/2020 13:25:31 7 6
bbc
81. Pedro321 "Because Flybe is responsible for a lot of connectivity within Britain..." If they want it, they can pay for it. That's what "we" voted Tory for. All of this socialism and back door nationalisation. Don't need it. A company fails? Let it fail.
91
14/01/2020 13:26:01 8 1
bbc
So Flybe collected £100m in tax on behalf of the government which it can now keep for 3 years as a free loan.  Reducing the tax going forward does nothing to change the operational costs of the airline. Reducing the historic tax (allowing Flybe to keep more of what it collected) must open them up to misselling as they told me £13 of my fare was to pay government taxes not contribute to a free loan
92
14/01/2020 13:26:11 6 6
bbc
Loving this......the UK Govt can no longer blame the EU's (sensible) state aid for tying their hands on bail-outs like this But on the other hand, their red-in-tooth-and-claw capitalist ideology precludes it. Pass the popcorn......
93
Tom
14/01/2020 13:26:32 3 5
bbc
Considering. Not decided. Still seems to have triggered the permanently angry fraternity on here ??
94
14/01/2020 13:27:02 3 3
bbc
No need to scrap Domestic Air Passenger Duty, simply extend the deadline for FlyBE to pay until they've got their act together and benefited from the summer season's higher revenues. It's important that the company does not flounder as no other airline will step in to fly their routes.
95
14/01/2020 13:27:02 7 12
bbc
What climate emergency??? Apparently in 2020 it's still okay to prop up polluting businesses and allow their shareholders to cash-in on the planet. So let's keep burning coal, oil and gas until the climate breaks down and we all choke, burn or starve to death. What a great strategy for the human race.
96
14/01/2020 13:07:38 20 5
bbc
Nick Lake would be "devastated" by the loss of the Edinburgh to Manchester route which he uses regularly. Well there's a train every couple of hours which takes just three hours to do the journey, and is much more carbon friendly, so maybe he can use that instead. Almost certainly quicker by the time you allow for travel to airport, security, gate wait time etc.
97
14/01/2020 13:29:13 7 1
bbc
Another example of capitalism being allowed to work the way it should and another rescue bailout ie the banking crisis. We need a new system cos this one is clearly broke if companies are not allowed to fail.
98
14/01/2020 13:29:44 7 3
bbc
Surely if the routes are not profitable put the prices up.
99
14/01/2020 13:30:24 3 1
bbc
Trick one: government shouldn't interfere in a private company, but government should try to facilitate - protect even - the regional air travel resource. They'll do something to keep it going...
100
14/01/2020 13:30:54 6 2
bbc
Air passenger duty is a tax paid by passengers. Nothing to do with Flybe. They cannot withhold it. It is collected by airlines to be passed on to the government. What would happen if other loss making firms withheld tax or VAT or business rates?