Flights Canceled as UK Airline Flybe Sinks Into Bankruptcy

LONDON (AP) — Struggling UK regional airline Flybe collapsed for the second time in three years, putting jobs on the line and leaving passengers stranded.
The airline initially slumped into bankruptcy in March 2020, shedding 2,400 jobs, as coronavirus restrictions decimated the travel industry. It relaunched in April last year, flying many of the same routes out of Belfast, Birmingham and London Heathrow.
In a statement, the grounded flyer said it had called in bankruptcy accountants again, and warned passengers not to travel to airports as all flights were now canceled, including its international routes from Switzerland and the Netherlands.
The UK’s Civil Aviation Authority said passengers should “make their own alternative travel arrangements via other airlines, 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.