Flybe declares bankruptcy and has entered administration


EXETER, ENGLAND – UK airline Flybe has entered administration early Thursday morning, only 1 month after the UK government announced a rescue deal, Business Insider reports. The airline said in a statement that all flights have been grounded and that the business has ceased trading with immediate effect. Flybe was Europe’s largest regional airline, with a fleet of 82 aircraft which served 102 airports. Flybe … Continue reading FLYBE DECLARES BANKRUPTCY