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Flybe (Employees (Impact 1: Many employees losing their jobs hence no…
Flybe
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Consumers and Costumers
Impact 1: They may not have access to more rural regions, and this may be a problem ethically and socially
Impact 2: As Flybe was an affordable company, consumers may find themselves having to pay extra money to get to the same place on larger airlines, or on multiple transport methods
Banks and Investors
Impact 1: may not have gotten full loan paid back, means they made a loss
Impact 2: having witnessed the effects of Covid-19 they may be more severe with who they will loan money to, as well as making the conditions and interest rates higher
Airports
Impact 1: Will have less consumers, which means that the region is less profitable
Impact 2: The airport also does not make much money, as the airlines are not there to pay the airport taxes
Media
Impact 1: have a story to report, will get them paper sales (increased revenue)
Impact 2: can report on multiple issues around Flybe; e.g. gov, airline industry
Government
Impact 1: bad reputation for not having kept their word about backing Flybe financially (loss of credibility and trust)
Impact 2:
Lack of flights may mean less recognition, therefore reducing the number of consumers that fly through this area, also damaging the tourism industry
International businesses
Impact 1: They no longer have competition, making it easier for them gather revenue. Additionally, they are able to offer more services for their customers, hence they can expand their business
Impact 2: They may need to expand their region of influence, which may either result in losses or profits depending on the effectiveness of their business in the area
Shareholders
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Impact 2: No longer receiving profit, and may lose money that has been invested in the company