News | Latest Breaking News Stories & Headlines

Flyr's rivals include Norwegian Air and SAS

Norwegian airline Flyr says it faces liquidity crunch

Loss-making Norwegian airline Flyr said today it had failed to raise the cash it needs from shareholders and other potential investors, leaving it in a "critical short-term liquidity situation".

Business • 30 Jan 23

Flybe serves regional airports across the UK such as Belfast City

UK airline Flybe ceases trading and cancels all flights

British airline Flybe has ceased trading and all scheduled flights have been cancelled, the UK Civil Aviation Authority has said.

World • 28 Jan 23

Flybe failure indicates turbulent times for airlines

The demise of Flybe had been broadly anticipated - although that's cold comfort for stranded and out of pocket passengers and the thousands of directly and indirectly employed workers who will be worried about their jobs this morning.

Business • 05 Mar 20

Flybe is now in administration and all future bookings will not be honoured by the airline

Flybe failure - What are your options as a passenger?

The failure of Flybe in the early hours of this morning has left many passengers high and dry - unable to get to their original destinations, or in many cases with no way of getting home from where they had travelled to.

Business • 05 Mar 20

Airlines across the world are rushing to cut flights and costs as a new virus that started in China spreads

Coronavirus hit to airlines could top $100 billion

The coronavirus epidemic could cost passenger airlines up to $113 billion in lost revenue this year, an industry body warned today.

Business • 05 Mar 20

Two of Flybe's routes from Belfast City Airport will now be taken over by Loganair

Flybe collapse: Passengers told not to go to airport

The UK's largest regional airline, Flybe, has gone into administration and ceased all flights earlier this morning.

Business • 05 Mar 20

It is understood that Flybe will be allowed to defer its monthly air passenger duty

Flybe confirms 'tax holiday' to avoid collapse

Flybe has confirmed it has agreed a financial arrangement to defer tax payments of "less than £10m" with the UK's HM Revenue and Customs.

Business • 17 Jan 20

Flybe was kept afloat this week after its shareholders agreed to invest more money alongside a UK government support plan

Ryanair's O'Leary joins condemnation of Flybe bailout

The chief executive of Ryanair has attacked the UK government-backed rescue of regional airline Flybe, joining industry heavyweight Willie Walsh in opposing state help for a private company.

Business • 16 Jan 20

IAG's chief executive Willie Walsh said the rescue of Flybe was 'a blatant misuse of public funds'

IAG files complaint over Flybe's rescue deal

Aer Lingus and British Airways owner IAG has filed a complaint with the European Union about UK government support for regional airline Flybe.

Business • 15 Jan 20

The rescue plan for Flybe is said to involve it deferring this year's estimated air passenger duty bill of £106m for three years

Johnson says Flybe important for transport links

Troubled regional airline Flybe is important for Britain's transport links and the government will do what it can to help the company, Prime Minister Boris Johnson said today.

Business • 14 Jan 20

Some 2,000 jobs are said to be at risk if Flybe collapses

Regional airline Flybe at risk of collapse - reports

UK regional airport Flybe is in talks to secure new financing to help it survive, Sky News has reported.

Business • 13 Jan 20

Flybe deal gets conditional approval from European authorities

EU clears Connect's buy of UK airline Flybe

European Union competition regulators today cleared the acquisition of UK airline Flybe by Connect Airways, a consortium created by Virgin Atlantic, Stobart Group and investment adviser Cyrus.

Business • 05 Jul 19

Yesterday Flybe cancelled 32 flights from airports including Belfast, Southampton, Birmingham and Aberdeen

Flybe says no further cancellations today

Flybe said there would be no cancellations today after about 5% of its flights were grounded yesterday, due to pilot shortages with some taking leave ahead of the busy Easter holiday period.

Business • 04 Apr 19

The UK regional airline said a 'combination of factors' caused today's disruption

Flybe cancels dozens of flights amid pilot shortage

UK airline Flybe has blamed a shortage of pilots as one of the reasons after it cancelled dozens of flights today.

Business • 03 Apr 19

Virgin Atlantic, Stobart Group and Cyrus Capital have agreed to buy Flybe for an initial £2.2m

Flybe gives shareholders vote on ousting chairman

Flybe Group has agreed to demands from its largest shareholder to call a general meeting in aid of removing chairman Simon Laffin and adding airline industry veteran Eric Kohn to the board, the company said today.

Business • 04 Feb 19

Flybe has agreed to be bought by a group comprising Richard Branson's Virgin Atlantic, Stobart Group and Cyrus Capital

Flybe confirms shareholder call for removal of chairman

Flybe Group has confirmed that its largest shareholder had urged the airline to remove Chairman Simon Laffin and investigate its cut-price sale to a consortium.

Business • 28 Jan 19

The deal values UK regional airline Flybe at £2.2m

Virgin Atlantic, Stobart and Cyrus buy UK airline Flybe

Richard Branson's Virgin Atlantic has teamed up with Stobart Group and Cyrus Capital to buy Flybe for £2.2m.

Business • 11 Jan 19

Flybe is struggling with falling demand, higher fuel costs and a weak British pound

Flybe shares soar on report of IAG now in takeover race

Flybe Group's shares surged 40% today after weekend reports that Richard Branson-founded Virgin Atlantic and Aer Lingus owner IAG will battle it out to buy the regional airline.

Business • 26 Nov 18

Ryanair's Kenny Jacobs says the airline is prepared for a no-deal Brexit

Ryanair says not seeing any Brexit impact

Ryanair is not seeing any impact from Brexit on demand for flights, and is prepared for a no-deal, chief marketing officer Kenny Jacobs said.

Business • 21 Nov 18

Flybe has recently warned over profits following easing demand and a £29m hit from rising fuel costs and the weak pound.

UK airline Flybe soars on talks with potential buyers

UK regional airline Flybe Group said today it was in talks with potential buyers, as it grapples with higher fuel costs, lower demand and a weak British pound, sending its shares up as much as 44%.

Business • 14 Nov 18

Flybe is facing headwinds from a higher fuel price and a fall in the value of the pound

Flybe warns on profit from weaker demand, rising fuel

Flybe today issued a profit warning citing weakening demand, higher fuel costs and a weaker British pound, sending shares in the British regional airline lower.

Business • 17 Oct 18

Flybe has launched a full review of its maintenance strategy

Flybe warns on its first half profit

British regional airline Flybe has warned that its first half profit would be lower than expected, blaming higher than expected costs related to aircraft maintenance.

Business • 18 Oct 17

Flybe cost cuts to boost profit amid headwinds

British budget airline operator Flybe Group expects its profit to grow next year as the company cuts costs to cope with slow demand and fierce competition, chief executive Saad Hammad said.

Business • 09 Jun 16

Flybe has reported a loss before tax of £35.6m for the year ended March 31

Budget airline Flybe reports full year loss

Flybe Group has today reported a pre-tax loss for the full year, hurt by one-off costs and a charge related to its exit from a joint venture in Finland.

Business • 10 Jun 15

Flybe said a bee became 'lodged in an item of instrumentation'

Bee forces Dublin-bound flight to return to UK

A Dublin-bound Flybe flight had to turn back to England on Friday after a bee became lodged in one of the plane’s instruments.

News • 08 Jun 15