In February 2020 there was a lot of hustle and bustle at 10 Downing Street in London. Flybe threatened to run out of money. The government therefore considered supporting the country’s largest regional airline with its thousands of employees with state money and even taking a stake.
But just a few weeks later it was clear that the outbreak of the corona virus would become a pandemic with brutal consequences for the entire aviation industry. That finally broke Flybe’s neck. On March 4, 2020, the airline grounded all flights and filed for bankruptcy.
A few months later, however, a British financial company set out to breathe new life into Flybe. It also bought the trademark rights from the insolvency estate. And on April 13, 2022, the first plane of the new airline took off with the old name.
With a fleet of nine De Havilland Canada Dash 8-400s – including an ex-Austrian Airlines machine – it recently served 23 routes. Their main destinations were Belfast City, Birmingham, East Midlands, Glasgow, Heathrow and Leeds Bradford.
But now history is repeating itself. “We regret to report that Flybe has been placed under receivership,” Flybe said on Saturday morning (January 28). All flights to and from Great Britain have been cancelled. One is “unfortunately not able to organize alternative flights for the passengers”. The new Flybe has only survived 290 days.
This article was written by Stefan Eiselin
The deadline for filing property tax returns is coming to an end. Many real estate owners are frustrated because they don’t know exactly how much they will have to deduct from 2025. A key factor here is the municipal tax rate. And now it seems to be going up.
Fewer and fewer people pay with cash. Nevertheless, this can be an advantage, for example in the event of a disaster. Experts recommend that you always have a certain sum at hand at home. But how much is enough cash in an emergency?
The original of this post “After just 290 days, British airline files for bankruptcy again” comes from aeroTelegraph.
