Europe's largest regional airline collapses - Aviation Updates Philippines | Latest Philippine aviation news

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Europe's largest regional airline collapses

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Aviation Updates Philippines – The latest victim of the unstoppable dwindling of travel bookings proved to be the final straw for the already financially unstable European regional carrier Flybe. On Thursday, Flybe went into administration, which has left thousands of staff and crew uncertain of their future.
ANOTHER ONE BITES THE DUST. Flybe becomes the latest European carrier to collapse. Photo by A. McCaren.
On March 5, the airline entered administration and announced it was ceasing all operations effective immediately. Flybe's website emphasized the words "DO NOT TRAVEL TO THE AIRPORT" as a reminder to its affected passengers that they are no longer operating.



"If you are due to fly with Flybe, please DO NOT TRAVEL TO THE AIRPORT unless you have arranged an alternative flight with another airline. Please note that Flybe is unfortunately not able to arrange alternative flights for passengers," the airline's website said.

However, the Exeter-based airline reassured that its flights with partners Eastern Airways and Blue Islands will operate as scheduled.

Before the Coronavirus Disease 2019 (COVID-19) outbreak, Flybe has already been suffering from rising fuel costs, weaker demand, and rising competition in the market. Flybe becomes the latest airline in the UK to collapse, now becoming a trend these days, due to bankruptcy.

To save the airline from collapse, the UK government previously intended to infuse a €100 million cash as a loan to the airline. However, it appears that Flybe failed to secure a deal with the UK government, which has now lead to the airline's demise.

Flybe operates around 40 percent of all domestic routes in the United Kingdom. Per Planespotters.net's latest information, the airline flies 54 De Havilland Canada DHC-8-400, nine Embraer ERJ-175, and one Embraer ERJ-195.

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