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Flybe Limited, founded in September 2020 as Thyme Opco, is a private limited company which is owned by Thyme Investco Limited - the majority of whose shares are held by DLP Holdings SARL, [44] [45] an affiliate of American hedge fund Cyrus Capital Partners. That was the same company which was involved in the purchase of the original Flybe in 2019.
All flights operated by Flybe and Stobart Air were cancelled, although those operated by franchisees Blue Islands, an airline in the Channel Islands and Eastern Airways continued. [77] The chief executive, Mark Anderson, said that Flybe had made "every possible attempt" to prevent the collapse but were "unable to overcome significant funding ...
Next week Flybe was scheduled to operate 292 flights, equating to over 22,700 seats. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 ...
The routes from Manchester were subsequently cancelled. In 2021, Eastern announced new service from Southampton to Nantes and Rennes, however neither service ever commenced. [23] The airline was unable to capture the market left by Flybe, resulting in operations in Southampton being gradually scaled back, with all new service being axed by 2023.
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Flybe closed its facility at the airport in 2019, relocating crew and aircraft, [9] though Wizz Air based two aircraft there in 2020. [10] [11] However in 2022, it too announced the end of flights from the airport [12] stating the airport operators were "unable to guarantee the terms of its commercial agreement".
Qatar Airways also cancelled all of their Boeing 737 MAX orders as the airline's Italian subsidiary, Air Italy (which Qatar has 49% ownership in) announced that it will be entering liquidation and cease all operations due to the pandemic. Most of the now-cancelled Qatar Airways Boeing 737 MAX orders were intended to be delivered to Air Italy.