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Thai Spice

FLYBE in trouble ?

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Will be a proper pain in the arse if they don’t make it as I use them a lot to get around the UK and Ireland, 4-6 times a month probably. They have already cancelled some of my regular flights.......finger crossed they will be ok 🥺

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https://www.independent.co.uk/travel/news-and-advice/flybe-collapse-live-news-administration-flight-virgin-atlantic-latest-today-a9281166.html

Britain’s biggest regional airline, Flybe, will continue to operate after rescue talks with the Government proved successful.

“Delighted that we have reached agreement with Flybe’s shareholders to keep the company operating, ensuring that UK regions remain connected,” said Business Secretary Andrea Leadsom. “This will be welcome news for Flybe’s staff, customers and creditors and we will continue the hard work to ensure a sustainable future.”

Flybe’s shareholders have agreed to invest more money in the airline, according to BBC business editor Simon Jack.

He tweeted: “Government pledges to review air passenger duty in run up to budget but will make changes in line with their zero carbon ambitions.

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Just been on the radio and i hear their base is LBA which is just a few miles north of me... 

Monarch airline went bust a few years ago and they had a big hold on LBA too..

There's plans to build a rail link to the airport but a few tree hugger MP's have rejected the plans which is another nail in the coffin for LBA..

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2 hours ago, Lanzalad said:

Just been on the radio and i hear their base is LBA which is just a few miles north of me... 

Monarch airline went bust a few years ago and they had a big hold on LBA too..

There's plans to build a rail link to the airport but a few tree bugger MP's have rejected the plans which is another nail in the coffin for LBA..

They are Exeter based really, but some airports would not have much traffic if they didn’t use them. For example Belfast city is a busy regional airport and if flybe stopped operating there hey would only have 4 flights a day. The impact of them going out of business would be quite big and way beyond just the staff that work for them as you could see by the Belfast airport example. They quite simply do a lot of routes that other airlines don’t and are really important for business in some of the further away parts of in the UK which is why the govt was keen to help. As mentioned above it would be a pain in the arse for me as I use them to get around the Uk a lot for work.

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3 hours ago, coxyhog said:

Bad Airways owners seeing it as an opportunity to get a monopoly no doubt....

 

https://news.sky.com/story/flybe-rescue-backlash-gathers-speed-over-taxpayers-role-11908955

Interesting to see what this complaint  will become considering Brexit and the legal structure of IAG ?

https://en.m.wikipedia.org/wiki/International_Airlines_Group

BA owner files complaint with EU over taxpayers' Flybe rescue

 

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Ironic that BA actually paid Flybe to take over BA Connect,which was BA's foray into the low cost regional market,because BA made a hash of it.

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