British Regional Airline Flybe Stops Flying

By Paul Riegler on 5 March 2020
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British airline Flybe, the Europe’s largest regional carrier, shut down abruptly in the early hours of Thursday morning, leaving thousands of passengers stranded.

“Flybe entered Administration on 5 March 2020,” the airline said in a statement on its website announcing the appointment of three individuals at Ernst & Young as joint administrators.

Flybe was the fourth British airline to shut down in the past two years and the news came two months after the British government announced a rescue deal. Most recently, Thomas Cook shut down in September 2019.

“All flights have been grounded and the UK business has ceased trading with immediate effect,” the statement read.

“Please do not go to the airport as your Flybe flight will not be operating,” the U.K. Civil Aviation Authority said in a statement.

The Exeter-based airline blamed its collapse on the impact of the coronavirus outbreak on demand for air travel.

The collapse leaves over 2,400 employees without jobs and the Civil Aviation Authority scrambling to help stranded travelers make their way to their destinations.

Mark Anderson, the airline’s CEO, said he was “very sorry” in a letter to staff.

“Despite every effort, we now have no alternative – having failed to find a feasible solution to allow us to keep trading,” he wrote.

Flybe served 57 destinations including 27 across Britain and Ireland and 30 in Europe.

(Photo: Accura Media Group)

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