The “new life” of UK regional carrier Flybe was short lived. On Friday, the Supreme Court named David Pike and Mike Pink as Joint Administrators in the airline due to its insolvency.
Faced with the situation, Flybe suspended all its flights nive months after flying again, under the control of new partners.
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“Flybe has now ceased trading and all flights from and to the UK operated by Flybe have been canceled and will not be rescheduled,” says a statement on the airline’s website.
With eight Dash 8-400 turboprops, Flybe operated a network of flights from Heathrow, Birmingham and Belfast, with destinations such as Edinburgh, Glasgow, Manchester, Amsterdam and Geneva.
The first Flybe, however, was a larger airline, with dozens of aircraft, including jets and turboprops. It stopped flying in March 2020, right at the beginning of the Covid-19 pandemic.
After going bankrupt, its assets were acquired for the symbolic value of 1 pound by the company Thyme Opco, part of a group that was its shareholder.
In April 2022, the new version of Flybe was launched, with a much more modest plan of operating up to 530 flights a week on 23 routes.
On the new insolvency problem, Paul Smith, consumer director of the UK Civil Aviation Authority, said the following:
“It is always sad to see an airline enter administration and we know that Flybe’s decision to stop trading will be distressing for all of its employees and customers.
“We urge passengers planning to fly with this airline not to go to the airport as all Flybe flights are cancelled. For the latest advice, Flybe customers should visit the Civil Aviation Authority’s website or our Twitter feed for more information.”