Flybe

Virgin Atlantic and Stobart Group Agree Takeover of UK Regional Carrier Flybe

Virgin Atlantic and Southend airport owner Stobart Group are to rescue troubled Flybe. They have made an offer which values its equity of £2.2m, considerably below its closing market capitalisation of £36m. Along with Cyrus Capital the airlines will create a new company Connect Airways, within which will sit Flybe, as well as Stobart Air and aircraft leasing business Propius.

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Virgin Atlantic Revealed as Potential Buyer for Flybe

Virgin Atlantic has reportedly held discussions to takeover Flybe, which recently put itself up for sale. Virgin's interest in buying Flybe is said to have been sparked due to the potential it would offer Virgin to feed UK regional traffic into its long-haul network. It would also offer the additional bonus of providing the airline with access to valuable take-off and landing slots at London Heathrow Airport which are ring-fenced for domestic flights.

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Flybe announces it’s up for Sale After Issuing Profit Warning

Just weeks after issuing a profit warning, the board of Flybe Group has begun a “comprehensive review” of the company’s strategic options as it looks to overcome challenges facing the airline industry – higher fuel prices, uncertain demand and a weaker pound.

Flybe dates back to 1979 and serves around 8 million passengers a year. The carrier is Europe’s largest regional airline and flies more UK domestic flights than any other. It currently operates over 200 routes serving 15 countries from 80 departure points in the UK and Europe.

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More long-haul options for Scottish passengers with Virgin Atlantic and Flybe

Virgin Atlantic and Flybe have extended their partnership to offer Scottish customers all the advantages of Virgin's Manchester route network, making it easier to transfer to long-haul flights. Flybe's Glasgow to Manchester route is now included in their codeshare deal so passengers in Scotland can connect to and from Virgin Atlantic flights, with one boarding pass and have their bags checked through for the entire journey.

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Say Howdy to Houston with Singapore Airlines

Singapore Airlines now flies transatlantic from Manchester to Houston non-stop five times a week. Travel in style in a choice of three cabins; Economy, Premium Economy and Business, on-board the world's most fuel-efficient aircraft. The A350 features higher ceilings giving a sense of space and its smart lighting subtly eases passengers into their new time zone. Plus, selected A350 flights will be powered by sustainable biofuels. Passengers can expect the latest on-board products and award-winning in-flight service.

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Flybe's new Hamburg route

Flybe will launch a new year-round service between Birmingham and Hamburg on 10th July. The route will start with four flights per week with additional frequency for winter. Hamburg is Germany’s second largest city and has the country’s biggest port, making it an important economic hub and a great city break destination too. Connecting Hamburg with Britain’s second largest city will be of huge benefit to trade and business relations. The route will join an extensive schedule and be Flybe’s sixth German destination from Birmingham Airport.

 

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Flybe expands Edinburgh and Aberdeen services to London

From 26th March 2017 Flybe, Europe’s largest regional airline will fly brand new services from Aberdeen and Edinburgh to London Heathrow offering a choice of more than 40 scheduled flights a week. Flybe will be using Heathrow’s Terminal 2 and will offer ‘One Stop to the World’ connectivity to its codeshare and interline partners. Flights have been conveniently timed for both business and leisure travel.

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Flybe extends Cardiff-London City air link

Flybe has confirmed its service from Cardiff to London City will continue during summer 2017 with up to two flights a day, operating seven days a week following continued demand from passengers. Flybe originally offered the route for travellers between South Wales and south east England during the six week closure of the Severn Tunnel due to essential electrical work. 95% of passengers confirmed that they would continue to use the service after the Severn Tunnel re-opened, and a further 33% have now become regular travellers on the route.

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Passenger demand fuels Flybe expansion

Flybe, Europe’s largest regional airline, have responded to the demands of the Welsh market by adding additional capacity and another new route to its network this winter. Flybe will begin operating a twice a week Cardiff to Berlin route on a Wednesday and Saturday from 2nd November 2016. Flybe’s Glasgow route will increase to 11 flights per week, meaning Welsh business passengers have even more day return options from Cardiff.

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Flybe launches new UK domestic route

Flybe's new year round service between Leeds Bradford and Newquay Airport operating three times a week is due to begin at the end of this month. The service, which starts on the 28th October, is the fourth and final Flybe route to be announced under the Government's Regional Air Connectivity Fund. The fund was launched last year to encourage new routes to and from UK regional airports and improving connectivity for business and leisure travellers.

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