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Old 16-02-2019, 19:32   #1581
malcy
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Flybmi gone bust and all flights cancelled.
https://www.bbc.com/news/uk-47267901
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Old 16-02-2019, 22:26   #1582
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Quote:
Originally Posted by malcy View Post
Flybmi gone bust and all flights cancelled.
https://www.bbc.com/news/uk-47267901
***** have owed me Ł250 since December. That’s gone now.
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Old 17-02-2019, 09:22   #1583
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Are these the same people who used to be BMIbaby? They used to be rpetty big
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Old 17-02-2019, 17:52   #1584
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Quote:
Originally Posted by jockosjungle View Post
Are these the same people who used to be BMIbaby? They used to be rpetty big
Is mega confusing as they have been through various interactions, split and name changes over the years.

British Midland International which is where it all started ended up being bought and subsumed into British Airways for its valuable Heathrow slots.
https://en.m.wikipedia.org/wiki/Brit..._International

Flybmi was the rest of the company with the non Heathrow flights and was at the time of the British Airways purchase spun off into a separate business. Had always operated independently as BMI’s regional airline business.
https://en.m.wikipedia.org/wiki/Flybmi

Airline has been basket case for years flying small planes so struggling for the economies of scale of Ryanair or EasyJet so mainly flew to the smallest airports they didn’t want to go to.
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Old 05-03-2019, 12:12   #1585
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Debenhams are still in trouble. Profit warning today has made their share value dip.

https://www.bbc.co.uk/news/business-47453271

I'm amazed they've managed to last this long, but surely it can only be a matter of time before they become just another facet of Mike Ashley's growing empire?
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Old 05-03-2019, 18:04   #1586
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Yeh but he's not going to need a Debenhams, HoF, Sports Direct and so fourth in the same town is he?

Such places just seem to be a relic of a bygone age when we didn't have much choice in shops like we do now, before every town had one of everything.
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Old 09-04-2019, 12:56   #1587
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Debenhams has unsurprisingly gone in to Administration. Wonder if anyone will save them?

I've not been in a House of Fraser for ages but apparently Mike Ahely's influence has not been good so far

https://www.theguardian.com/business...ouse-of-fraser
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Old 09-04-2019, 13:01   #1588
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I think his problem with Debenhams is he already owns a decent stake and is about to lose his investment.

Not sure what anyone was expecting from HoF to be honest? But pretty much soon it looks like the entire high street will either be Home Bargains or a Mike Ashley thing.
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Old 09-04-2019, 15:09   #1589
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Debenhams will do the old trick of close old stores and wipe debts while other ones stay open. ala usc etc.

The Newcastle and metro center one near me do well. It seems. But others in the north east are in deprived areas. So I don’t expect hem to stay.

I can see a new mega mike store soon. In operating game, sports direct and what remains of hof / Debenhams when he buys it up cheap
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Old 09-04-2019, 15:25   #1590
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I guess they think there is a profitable business somewhere. As far as I can tell people

1. Buy the good bits for next to nothing
2. Run them into the ground whilst extracting as much as they can
3. Walk away

How many times did HMV do it?
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Old 09-04-2019, 15:38   #1591
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Mike Ashley has been properly stiffed.
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