Passengers were dealt a major blow when Flybe, the UK’s largest regional airline, suddenly collapsed for the second time. Overnight, customers were informed that their flights had been canceled and not to turn up at airports expecting to fly.
The news of Flybe’s collapse came as a shock to many travelers who had already booked tickets with the airline for future trips. It is estimated that over 2 million passengers have been affected by this sudden closure and are now left scrambling for alternative arrangements or seeking refunds from credit card companies or travel agents used in booking their flights.
Flybe has served millions of passengers since it first began operations in 1979 but its financial woes have persisted throughout its 40-year history due largely to rising fuel costs and competition from low-cost carriers such as Ryanair and EasyJet. The company was bought out last year by Connect Airways but could not be saved despite an injection of £100m into the business earlier this year. This latest failure has left many people wondering what will happen next with regards to air travel within Britain’s regions going forward without Flybe around anymore.
Read more at Business Insider
