MSE News: Flybe stops trading and cancels all flights – what you need to know

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Airline Flybe has ceased trading this morning and all flights have been cancelled. 

The regional airline relaunched under new ownership in April 2022 after collapsing in March 2020 at the start of the pandemic. It  operated flights from Belfast City, Birmingham and Heathrow to airports across the UK and to Amsterdam and Geneva.

But it has now ceased trading and all flights from and to the UK operated by Flybe have been cancelled and will not be rescheduled.

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Flybe stops trading and cancels all flights

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Comments

  • Seth123
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    I am waiting for a compensation payment from a cancelled flight in December.  Is there any likelihood of receiving this now Flybe are in administration?
  • Westin
    Westin Posts: 5,958 Forumite
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    I would say very very very doubtful.
  • Alan_Bowen
    Alan_Bowen Posts: 4,852 Forumite
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    I  would go further and say none at all. The definition of insanity is doing the same thing over and over again and expecting a different result. Flybe 1 went bust flying high-cost planes at low fares and left a debt of £321 million, Flybe 2 used the same planes, but even more ridiculous routes on planes that had sat in the rain for two years and therefore even less reliable than before tried the high-cost low fare route again and surprisingly failed a second time. In both cases, management really didn't seem to have a clue what they were doing, in the first case a Frenchwoman drove it into the ground, and in the second, an American whose experience appears to have been operating an airline in Alaska.....
  • bagand96
    bagand96 Posts: 6,132 Forumite
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    edited 31 January 2023 at 12:14PM
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    I  would go further and say none at all. The definition of insanity is doing the same thing over and over again and expecting a different result. Flybe 1 went bust flying high-cost planes at low fares and left a debt of £321 million, Flybe 2 used the same planes, but even more ridiculous routes on planes that had sat in the rain for two years and therefore even less reliable than before tried the high-cost low fare route again and surprisingly failed a second time. In both cases, management really didn't seem to have a clue what they were doing, in the first case a Frenchwoman drove it into the ground, and in the second, an American whose experience appears to have been operating an airline in Alaska.....
    A different aircraft type and some better route planning they may have had a chance. 

    Alternatively there's the theory that the whole thing was a ruse for the hedge funds to try and extract value from the Heathrow slots they held. Not sure that makes sense now though.

    One thing I never understood was reusing the flybe name and brand which was hardly beloved the first time round. 
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