Airline Flybmi ceases operation

 

British regional airline Flybmi has cancelled all its flights and filed for administration, the airline has announced.

The company said it had been badly affected by rises in fuel and carbon costs and uncertainty over Brexit.

The East Midlands-based airline, which has 376 staff, operates 17 planes flying to 25 European cities.

Affected passengers have been told to contact their travel agents or insurance and credit card companies.

A Flybmi spokesman said: “It is with a heavy heart that we have made this unavoidable announcement.

“The airline has faced several difficulties, including recent spikes in fuel and carbon costs, the latter arising from the EU’s recent decision to exclude UK airlines from full participation in the Emissions Trading Scheme.

“Current trading and future prospects have also been seriously affected by the uncertainty created by the Brexit process, which has led to our inability to secure valuable flying contracts in Europe.”

Source – bbc

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