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Rivals step in as Flybe ceases trading
Regional airline Flybe has collapsed again, less than a year after relaunching.
It abruptly cancelled all flights and said it ‘ceased trading.’
It led to disruption for 2,500 customers who were supposed to fly on Saturday.
About 75,000 booked passengers in total are impacted.
The company’s said most of the 321 staff were made redundant.
The airline is not helping customers to organise alternative flights.
The UK Civil Aviation Authority said rival carriers will provide discounted ‘rescue fares.’
These include Ryanair, British Airways, easyJet and rail operator LNER.
BA is offering one-way fares of £50 while Ryanair has fares from £29.99;
Ryanair also extended an invitation to laid-off workers.
I launched a fast track recruitment application for ex-Flybe employees.
Flybe first collapsed in 2020 at the start of the pandemic.
It was then acquired by an affiliate of US hedge fund Cyrus Capital.
Ray Monty
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