Could Flybe make a return to IOM?
Wed, 14 Apr 2021
Flybe could resume flying its former routes including the Isle of Man. The collapsed carrier s assets and business have been acquired by new company affiliated with investment adviser Cyrus Capital. The new business aims to relaunch flights this summer. Flybe carried around 8 million passengers a year between 81 airports including Ronaldsways prior to being placed in administration following Covid-19 industry disruption. A Flybe Limited spokesperson added: “We are extremely excited to announce the conclusion of almost six months of dedicated hard work by the great team at Flybe, the UK Civil Aviation Authority, the European Commission, and the many others who made this announcement possible.
Flybe sale completed more than a year after airline collapsed devonlive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devonlive.com Daily Mail and Mail on Sunday newspapers.
Flybe returning to the skies this summer after deal to buy collapsed airline completed
A spokesperson for Flybe said it hopes to re-launch the British airline sometime in summer 2021, as vaccinations and travel restrictions begin to open up the skies
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Collapsed airline Flybe to return to the skies April 14, 2021, 5:45 pm
Flybe will return to the skies after administrators said they had completed the sale of the collapsed airline (Steve Parsons/PA)
Flybe will return to the skies after administrators said they had completed the sale of the collapsed airline.
Thyme Opco has bought Flybe’s business and assets, and plans to resume flights this summer, although on a smaller scale than before.
Having struggled for years, the Exeter-based carrier was pushed into administration in March 2020 with the loss of 2,400 jobs as the Covid-19 pandemic destroyed large parts of the travel market.
Collapsed airline Flybe to return to the skies pressandjournal.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pressandjournal.co.uk Daily Mail and Mail on Sunday newspapers.