UK regional airline Flybe suspends trading, cancels all flights |
LONDON, 28 january (Reuters) – British regional weather way The company Flybe stopped trading for the second time in three years on Saturday, all its flights cancellation and laid off 276 employees.
A statement on Flybe’s website said the airline, which operates scheduled flights from Belfast, Birmingham and Heathrow across the UK to Amsterdam and Geneva, had entered administration, a form of protection from creditors.
“Flybe has now ceased trading and all flights to and from the UK operated by Flybe cancellation done and will not be rescheduled,” he said.
To people about the flight weather advised not to go to its ports.
A spokesman for administrators Interpath Advisory said around 75,000 Flybe customers had future bookings which would now not be honoured.
Headquartered in Birmingham, Flybe uses eight leased Q400 turboprop aircraft to fly the Great Britain and European Union 21 in 17 directions route carried out flights on
David Pike and Mike Pink of Interpath have been appointed joint administrators of Flybe.
Pike said Flybe had struggled to weather a series of shocks since its relaunch last year, with late deliveries of at least 17 aircraft from lessees severely undermining efforts to increase capacity and remain competitive.
He said scaled-down elements of Flybe’s operating platform would be preserved for a short period of time in the event of a rescue operation. He encouraged any interested party to get in touch immediately.
An Interpath spokesman said of Flybe’s workforce of 321, 45 have been retained for now.
Great Britain The Civil Aviation Authority (CAA) said it would provide advice and information to affected passengers.
“It is always sad to see an airline go into administration and we know that Flybe’s decision to cease trading will be distressing for all its employees and customers,” said CAA consumer director Paul Smith.
For the first time, Flybe, hit by the UK’s COVID-19 pandemic lockdown, 20202400 jobs were affected and went into administration in March.
2020It was sold to Thyme Opco Ltd, a firm controlled by Cyrus Capital, in October 2022 and resumed flights in April 2022, albeit on a smaller scale.
Flybe’s death post-pandemic weather contrasts with the increase in demand for travel.
Europe’s largest air way Inc.’s Ryanair ( RYA.I ) and Britain’s easyJet ( EZJ.L ) reported record bookings for summer vacations, suggesting consumers are still eager to travel despite the expected recession.
Opposition Labor Party transport spokeswoman Louise Haigh said Flybe’s collapse was “devastating” for workers and customers. news” he said.
“Protections for passengers are simply not strong enough – and ministers have sat on their hands for years and failed to introduce long-promised airline insolvency laws,” he said.
Reporting by Mrinmay Dey and Akriti Sharma in Bengaluru and James Davey in London Editing by William Mallard and Jason Neely
Our standards: Thomson Reuters Trust Principles.
2023-01-28 19:06:37
Source – reuters
Translation“24 HOURS”