Passengers were left stranded at airports today, March 5, 2020, as air carrier, Flybe, has ceased operation having gone into Administration.According to a statement on the airline’s website, “All flights have been grounded and the UK business has ceased trading with immediate effect.”
In the UK, “administration” is a law and procedure for insolvency/bankruptcy, when a company is unable to pay its debts. The company is taken over by an insolvency practice who will work to rescue the company, save the business, or get the best result possible.
It is unclear at this time what the outcome of the Flybe Aviation Services division, the company’s MRO, will be.
A statement on the Flybe website advises passengers not to go to the airport if you are scheduled to fly today, unless you have already arranged for another flight on a different airline and says “Flybe is unfortunately not able to arrange alternative flights for passengers.” It also advises their customer to monitor the Civil Aviation Authority website for further information (www.caa.co.uk/news).