Regional carrier ceases trading and cancels all flights in UK

• The airline Flybe has ceased trading.
• Around 75,000 passengers have had their flights cancelled.
• 277 of its 321 employees are being let off.

Following its administration, the airline Flybe has cancelled all of its flights to and from the United Kingdom.

The airline “ceased trading,” according to a statement on its website, and advised any passengers planning to fly with it not to go to the airport.

On Saturday, around 2,500 Flybe customers were scheduled to travel; in total, approximately 75,000 passengers had their flights cancelled.

The administrator of Flybe confirmed that 277 of its 321 employees are being let off.

According to financial advisory firm Interpath, the remainder of the team would remain at the business.

Flybe stated that it would not be able to assist travelers in finding substitute flights.

The impacted parties will get guidance and information, according to the UK Civil Aviation Authority (CAA).

The business, which was only relaunched in April of last year, has been taken over by administrators.

It made the announcement that it would stop trading in March 2020 and cited the coronavirus pandemic as a contributing reason.

After being acquired by Thyme Opco, a company associated with the US hedge fund Cyrus Capital, and rebranded as Flybe Limited, the company was saved.

The airline started up again with a schedule of up to 530 flights per week on 23 different destinations.

Flybe ran flights on 21 routes from Belfast City, Birmingham, and Heathrow to airports all around the UK as well as to Amsterdam and Geneva up until its most recent failure.

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