TrendsWide
Contact US
  • Home
  • Trending
  • Health
  • Life Style
  • NBA
  • Reviews
No Result
View All Result
TrendsWide
  • Home
  • Trending
  • Health
  • Life Style
  • NBA
  • Reviews
No Result
View All Result
TrendsWide
No Result
View All Result
Home Uncategorized

Flybe to relaunch as UK regional airline

by souhaib
October 20, 2020
in Uncategorized
0
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter
ADVERTISEMENT



You might also like

Agile Time Management Project Management

Pfizer says it expects data on COVID-19 vaccines for children in ‘early part of 2021’

John Oliver on the new 'Last Week Tonight' season and if Trump was good for comedy

(CNN) — It was one of the early casualties of the Covid-19 pandemic. Now, it looks set to be resurrected.

Flybe, at one point Europe’s largest independent regional airline, went bust in March 2020, when Covid-19 was beginning to spread throughout Europe. But seven months later, as the pandemic continues with no end in sight, the airline has been bought — and it could even be flying again by 2021.

The news has been welcomed by the aviation world as a sliver of hope for an industry which has been crippled by the pandemic.

The last few years had been precarious for the UK-based airline, which had been consolidating its domestic routes in a bid to stave off oblivion. With its headquarters in Exeter, and operating routes around the UK, from Cornwall to Scotland, the airline employed around 2,200 people, and carried 8 million passengers a year.

A Virgin Atlantic mini-me

But it had been struggling. In February 2019, it was bought by a Virgin Atlantic-backed consortium, with plans to rebrand it as Virgin Connect, using the domestic routes to funnel passengers onto long-haul Virgin Atlantic flights.

But on March 5, the Exeter-based airline ceased trading, blaming the “significant impact on demand” caused by the coronavirus outbreak.

Now, the brand and remaining assets have been sold to Thyme Opco — which is linked to a hedge fund that was part of the Virgin Connect buy-out in 2019.

Not that it’ll take to the air under the Virgin name again.

Back, but smaller than before

“The deal is expected to allow the Flybe business to restart operations as a regional airline in the UK under the Flybe brand in early 2021,” administrators EY said in a statement.

In the past, Flybe offered routes between regional UK airports and European destinations, but it’s likely the relaunched airline will be a more streamlined operation, at least initially. “We plan to start off smaller than before,” a spokesperson for Thyme Opco revealed in a statement.

The airline will also be hampered by Brexit. The UK leaves the European Union on December 31, and a deal has not yet been announced. UK-based airlines may not be able to enter EU airspace unless an agreement is found.

A spokesperson for BALPA, the trade union for UK pilots, welcomed the announcement. “The news will give everyone a degree of confidence that recovery is coming soon, and that their skills and knowledge are still going to be vital,” it said.

It could also pave the way for other resurrections. Virgin Australia, Avianca and Compass Airlines have all gone bankrupt since the pandemic began.



Source link

Share this:

  • Twitter
  • Facebook
  • More
  • Pinterest
  • Telegram
  • Email
Tags: usa today
Share30Tweet19
Previous Post

Total anomaly: NBA, NHL championship cities face off in World Series for first time

Next Post

VeChain Price Prediction 2020 – Will The VET Price Gear Up?

souhaib

Recommended For You

Agile Time Management Project Management

by souhaib
March 19, 2021
0

Time management Project management is very important.  If you are an owner of the company often the CEO without being the managing director, the one who must be...

Read more

Pfizer says it expects data on COVID-19 vaccines for children in ‘early part of 2021’

by souhaib
February 11, 2021
0

Both Pfizer Inc and Moderna Inc say they expect to have data on how well their coronavirus vaccines work in teenagers later this year.Currently, immunizations against COVID-19 are...

Read more

John Oliver on the new 'Last Week Tonight' season and if Trump was good for comedy

by souhaib
February 11, 2021
0

John Oliver talked with USA TODAY TV Editor Gary Levin about the new season of "Last Week Tonight" and why he won't miss President Trump.        Source link

Read more

Dr Fauci declares April ‘open season’ for COVID-19 vaccinatoins

by souhaib
February 11, 2021
0

Dr Fauci declares April 'open season' for any American adult to get a COVID-19 vaccine and predicts the 'majority' of Americans will have two doses by fallDr Anthony...

Read more

Biden administration fears it could take nine months to reach herd immunity

by souhaib
February 11, 2021
0

The US may not reach herd immunity and return to some semblance of normalcy until Thanksgiving at the current pace of COVID-19 vaccinations and speed of variant spread,...

Read more
Next Post

VeChain Price Prediction 2020 - Will The VET Price Gear Up?

No Result
View All Result

Recent Posts

  • PICTURED Travis Barker hospitalized in Los Angeles with wife Kourtney Kardashian at his side
  • The president of the PRI, Alejandro Moreno, proposes to change the law so that people can arm themselves in the face of insecurity
  • USA: the states that host the most undocumented migrants
  • US boosts monkeypox vaccination campaign
  • The number of dead Mexicans among the migrants found in a trailer rose to 27: Consul

Browse by Category

  • Australia
  • Automotive
  • Business
  • Celebrity
  • Cryptocurrency
  • Deals
  • Economie
  • Education
  • Euro
  • Forex
  • Gaming
  • Health
  • Life Style
  • NBA
  • News
  • Reviews
  • Sports
  • Switzerland
  • Trending
  • U.S.
  • Uncategorized

Categories

  • Australia
  • Automotive
  • Business
  • Celebrity
  • Cryptocurrency
  • Deals
  • Economie
  • Education
  • Euro
  • Forex
  • Gaming
  • Health
  • Life Style
  • NBA
  • News
  • Reviews
  • Sports
  • Switzerland
  • Trending
  • U.S.
  • Uncategorized

Pages

  • Contact US
  • Newsletter
  • Privacy Policy
  • Terms & Conditions

© 2021 - TrendsWide

No Result
View All Result
  • Home
  • Contact US
  • Privacy Policy
  • Trending
  • U.S.
  • Economie
  • Deals
  • Reviews
  • Cryptocurrency
  • Health
  • Life Style
  • NBA

© 2021 - TrendsWide