Post by andypspotter on Jan 28, 2023 15:25:13 GMT
Airline Flybe has cancelled all flights to and from the UK after going into administration.
A statement on the airline's website said it had "ceased trading" and told any passengers expecting to travel with it not to go to the airport.
About 2,500 passengers were due to fly with Flybe on Saturday, with about 75,000 passengers in total having flights cancelled.
Flybe's administrator confirmed 277 of its 321 staff are being made redundant.
Financial advisory firm Interpath said the rest of the company's staff would be retained.
Flybe said it would not be able to help passengers arrange alternative flights.
The UK Civil Aviation Authority (CAA) said it would provide advice and information to those affected.
Administrators have taken over the company, which only relaunched in April last year.
In March 2020, it announced it would cease trading, citing the coronavirus pandemic as a contributory factor.
The company was rescued after being bought by Thyme Opco, a firm linked to US hedge fund Cyrus Capital and subsequently renamed Flybe Limited.
The airline resumed operations with a plan to operate up to 530 flights per week across 23 routes.
Until the most recent collapse, Flybe operated flights on 21 routes from Belfast City, Birmingham, and Heathrow to airports across the UK as well as to Amsterdam and Geneva.
A statement on the airline's website said it had "ceased trading" and told any passengers expecting to travel with it not to go to the airport.
About 2,500 passengers were due to fly with Flybe on Saturday, with about 75,000 passengers in total having flights cancelled.
Flybe's administrator confirmed 277 of its 321 staff are being made redundant.
Financial advisory firm Interpath said the rest of the company's staff would be retained.
Flybe said it would not be able to help passengers arrange alternative flights.
The UK Civil Aviation Authority (CAA) said it would provide advice and information to those affected.
Administrators have taken over the company, which only relaunched in April last year.
In March 2020, it announced it would cease trading, citing the coronavirus pandemic as a contributory factor.
The company was rescued after being bought by Thyme Opco, a firm linked to US hedge fund Cyrus Capital and subsequently renamed Flybe Limited.
The airline resumed operations with a plan to operate up to 530 flights per week across 23 routes.
Until the most recent collapse, Flybe operated flights on 21 routes from Belfast City, Birmingham, and Heathrow to airports across the UK as well as to Amsterdam and Geneva.