Flybe

Flybe Agrees to Sale of Airline to Connect Airways

The Flybe Group has announced an agreement for the sale of the airline to a consortium of airlines. The announcement was made at the beginning of the week with the new owner, Connect Airways, purchasing the airline for £2.8 million ($3.2 million). Connect Airways is made up of Virgin Atlantic Airways, Stobart Air, and Cyprus […]

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Regional Airline Flybe Rescued as Part of Virgin Atlantic Deal

U.K. airline Flybe is to be involved in a consortium led by Virgin Atlantic that will effectively rescue the regional airline. The news comes after months of uncertainty of the carrier, which carried 9.5 million passengers in 2017/2018 with an average load factor of 75.6 percent. The Downfall Although a negative outlook for the airline […]

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Flybe Seeks New Owner as Revenues Plummet

Flybe Group has announced that it is in talks for the sale of the airline following a year of revenue loss. The U.K. regional airline has been bombarded by weakening demand and an increase in fuel costs, proving devastating to its bottom line. Earlier this year, Flybe had warned that these factors, in addition to the […]

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Flybe Stock Drops 40 Percent as More European Airlines Cease Operations

European regional airline Flybe took a beating recently over a revised revenue forecast worth 40 percent of the company’s value in trading on Wednesday. The airline expects a drop in revenues over the next six months due to falling consumer demand. This worsens the airline’s expected losses for the year to over $25 million, which […]

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Could the Channel Islands Get a New International Link?

The Channel Islands between the U.K. and France have been a popular holiday destination for Brits for decades. To get to one of the islands from the mainland, people can choose to travel by sea or by air. Jersey, in particular, has a wealth of flight options from across the U.K. and Ireland, including flights […]

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Flybe Propels Into Profit Loss, Looks Towards Fleet Reduction

UK regional carrier Flybe announced this week that it finished in the red with a £20 million loss this year to the end of March, swinging from a £2.7 million profit the year before. Although company revenues increased by 13.4 percent to £707 million, the causes for the pre-tax loss can be attributed to lower […]

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Flybe to Launch New Routes Between Scotland and Heathrow

Flybe, Europe’s largest regional airline, announced earlier this week that they will be operating to Heathrow next year to connect the UK’s largest international gateway with Scotland. They will be offering a choice of 40 scheduled flights per week from Aberdeen and Edinburgh. These new routes will complement Flybe’s already well-established London City flights from […]

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Flybe Will Open First European Base in Dusseldorf

Europe’s largest regional airline Flybe, has announced that they will open their first base in Düsseldorf, Germany. The airline aims to base two of their Bombardier Q400 aircraft at the airport. According to their press release, the carrier has started a “high-profile recruitment drive for more than 60 pilots and cabin crew.” In time for the […]

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Loganair to Operate Independently For the First Time in 24 Years

Flybe has announced it will be ending its franchise agreement with Scotland’s Loganair. The deal, which saw Loganair aircraft flying with Flybe colors in the Scottish Highlands, will end on Aug. 31, 2017. Loganair, which for the past 24 years has operated with franchise agreements, will operate independently. Previously, the carrier operated flights for British Airways […]

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