5th March 2020, 02:02 PM
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Member
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Join Date: Mar 2008
Posts: 655
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FlyBe now in Administration
Flybe Website homepage Here
Quote:
Flybe entered Administration on 5 March 2020 and Alan Hudson, Joanne Robinson, Lucy Winterborne and Simon Edel of EY have been appointed as Joint Administrators.
All flights have been grounded and the UK business has ceased trading with immediate effect.
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9 News Article Here
Quote:
One of Britain's biggest regional airlines is expected to be placed into administration this week, with the company's boss citing the impact of coronavirus as sounding the death knell for the group.
Flybe has been operating more domestic flights within the United Kingdom than any other airline since 1979.
The company attempted to stave off a collapse in January this year, engaging in negotiations to secure additional funding to keep planes running.
However, in an email sent to staff, Flybe chief executive Mark Anderson confirmed the airline "is shortly being put into administration".
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