Regional airline Flybe could return early next year

The Financial Times reported that regional airline Flybe could be flying again early next year after being bought by a former shareholder

The airline went bankrupt in March. The Exeter-based airline, which collapsed after loan talks with the Government fell through as COVID-19 hit passenger numbers, has been sold to a company run by a hedge fund executive and will reportedly be ‘downsized’ for its return.

Flybe was the largest regional air carrier in the EU carrying about eight million passengers a year between 81 airports in the UK and Europe, and crucially serving passengers flying from areas outside of major cities.

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The Financial Times - UK regional airline Flybe could return to skies early next year