Regional airline Flybe has gone into administration, just two months after the Government agreed a rescue package.
Transport secretary Grant Shapps blamed ‘a weak company and coronavirus’, although a government spokesperson pointed out that: ‘Flybe's financial difficulties were longstanding and well documented and pre-date the outbreak of COVID-19.’
The airline flew to regional airports in the UK, as well as destinations elsewhere in Europe.
A statement on its website on Thursday morning (5 March) stated that the company had entered administration and EY have been appointed as administrators.
All flights have been grounded and the UK business has ceased trading with immediate effect.
Customers due to fly with Flybe, were advised not to travel to the airport but to monitor the Civil Aviation Authority website for further information.
A number of rail firms said on Thursday that they would allow passengers with Flybe tickets to travel with them.
Ben Bradshaw, Labour MP for Exeter, where Flybe was based, questioned the effectiveness of the Government’s rescue plan in January.
In a TV interview, Mr Shapps said: ‘We did absolutely everything we could, working with Flybe, to try to get that rescue package in place but I’m afraid a weak company and coronavirus together have just proved to be too much for them.’
A Government spokesperson said: ‘Following a commercial decision by the company, Flybe has ceased trading. We recognise the impact this will have on Flybe’s passengers and staff. Government staff will be on hand at all affected UK airports to help passengers.
‘The vast majority of Flybe routes are served by different transport options, and we have asked bus and train operators to accept Flybe tickets and other airlines to offer reduced rescue fares to ensure passengers can make their journeys as smoothly as possible.
‘We are working closely with industry to minimise any disruption to routes operated by Flybe, including by looking urgently at how routes not already covered by other airlines can be re-established by the industry.'
Register now for full access
Register just once to get unrestricted, real-time coverage of the issues and challenges facing UK transport and highways engineers.
Full website content includes the latest news, exclusive commentary from leading industry figures and detailed topical analysis of the highways, transportation, environment and place-shaping sectors.
Use the link below to register your details for full, free access.
Already a registered? Login
