Planes. Flybe could fly again in 2021
Bankruptcy was official last March
A year of waiting and then the return, at least this is the promise made public by administrators of Flybe, British low-cost airline that went bankrupt on March 4th due to the health emergency (read also the article published by AVIONEWS). The agreement with the investors for the restart of the business was taken for granted, thanks above all to the sale of the brand to the company Thyme Opco, which is part of the Cyrus Capital Group which last year had attempted the rescue together with Virgin Atlantic. There is talk of 2021 as the year in which the English airline will be able to fly again, despite the current situation does not bode well; Flybe no longer has a fleet or equipment, not to mention the license that was revoked at the very moment the bankruptcy was made official.
Thyme Opco announced in the last few hours what could be the most credible scenario. The company is expected to be smaller than it has been as long as it has been in business (the foundation dates back to 1979). Furthermore, there is hope of creating new jobs, even if pre-covid numbers will be virtually impossible to record. It carried 8 million passengers every year, connecting the United Kingdom and Europe (81 airports to be precise); for the moment, the news has been received with caution, especially by trade unions.
On the subject read also the article published by AVIONEWS.
AVIONEWS - World Aeronautical Press Agency