The British airline Flybe is in trouble again. According to the Sky News, talks are currently being conducted with the British government for emergency loan. A year ago, a consortium led by Virgin Atlantic saved the regional society, which also flies at Schiphol, from collapse.
According to Sky, 2000 jobs are at stake and the EY accounting firm is on standby to handle any form of liquidation. Flybe says in a short statement that the company operates and flights continue as normal.
The problems at Flybe, which has a fleet of 75 aircraft and flies at more than eighty airports in the United Kingdom and Europe, are not isolated. Earlier it was the end of practice for industry peers such as Monarch Airlines, Air Berlin, Wow Air and Aigle Azur and a series of smaller players. Tour operator Thomas Cook, which had its own aircraft, also went bankrupt recently.
According to the international trade association IATA, which previously reduced its annual profit estimate for the sector, airlines generally have a difficult time. This is partly due to geopolitical tensions, social unrest and uncertainties surrounding the Brexit.