British airline Flybe has 'ceased trading' and canceled all scheduled flights
British airline Flybe has “ceased trading” and canceled all scheduled flights, the company and the British Civil Aviation Authority said on Saturday. “Flybe, which operated scheduled services from Belfast City, Birmingham and Heathrow to airports across the United Kingdom and to Amsterdam and Geneva, has ceased trading,” the CAA wrote in a statement.
In a statement posted to social media Flybe warned that canceled flights “will not be rescheduled.” The company has been placed into administration, according to the statement. The Exeter-based budget carrier was founded in 1979 and at one point was Europe’s largest independent regional airline, carrying 8 million passengers a year and operating more than 200 routes. The airline had been struggling before Saturday’s announcement.
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