Flights canceled as UK airline Flybe sinks into bankruptcy

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Flights canceled as UK airline Flybe sinks into bankruptcy
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Struggling U.K. regional airline Flybe collapsed for the second time in three years Saturday, putting jobs on the line and leaving passengers stranded.

restrictions decimated the travel industry. It relaunched in April last year, flying many of the same routes out of Belfast, Birmingham and London Heathrow.

The U.K’s Civil Aviation Authority said passengers should “make their own alternative travel arrangements via other, rail or coach operators,” leaving customers with lengthy and potentially expensive trips to get home. Flybe returned to the skies less than 12 months ago with a plan to operate up to 530 flights per week across 23 routes. Its business and assets were purchased in April 2021 by Thyme Opco, which is linked to U.S. hedge fund Cyrus Capital.

“This remains a challenging environment for airlines, both old and new, as they recover from the pandemic, and we understand the impact this will have on Flybe’s passengers and staff," it said.

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