For many months the flybe airline has been very vulnerable. The finances were shaky and the rumours were rife. A year ago the company was taken over by a consortium headed by virgin Atlantic which pumped £100 million into flybe. However even this level of funding proved to be too little.
Then came coronavirus or COVID-19 which spelt disaster for the now defunct Exeter based airline.
2,300 staff would appear to have lost their jobs this morning, a Severe blow to the Individuals concerned as well as the conomy of South West England.
Flybe was Europe’s largest independent regional airline but the money simply wasn’t there to ensure it’s continued operation.
119 routes, almost all within the UK have ceased causing travel misery for many tens of thousands of passengers.
While this might seem like a disaster many people have questioned the viability of regional airlines within the UK. On the grounds of both economic viability and environmental concerns it has been pointed out that airline travel is less preferable to rail and coach journeys which are well represented within the British Isles.
A number of competing airlines will be looking to take over some of the profitable routes in the short term but for most of flybe’s former operation this appears very much the end of the line.