The low-cost carrier called “FlyBe”, has struggled with costs for a while now. And whether you are a FlyBe fan, or just someone looking for a fast and affordable way to get from point A to point B, this may come to you as bad news.
Some main reasons are Brexit, fuel, cost of maintaining/ordering planes, and being a small airline.
With Brexit, new aviation regulations will be introduced for all British airlines, which includes FlyBe. So why does this specifically make FlyBe a vulnerable target? Well because, it has many routes and partnerships with airlines in the rest of Europe, which will most likely bring differences in how things are done, which could make them lose a lot of money.
Fuel is something that isn’t cheap for any airline, and can be even harder if you are a budget/low-cost airline. FlyBe uses US Dollars (USD) to buy their fuel, and since the rising cost of fuel, it has made it even harder for them to purchase fuel, and keep up with other expenses.
With airlines comes planes, and with planes comes maintenance. FlyBe has actually been getting rid of some of their planes so they can make good profit, but since they have reduced some of their planes, they had to remove some routes, even ones that were profitable for the airline.
And lastly, they are a small airline. Being a smaller airline than most low-cost carriers in Europe, means less money for daily expenses and maintenance.
With Virgin Atlantic buying out FlyBe, this decision could be profitable for them, as it gives them a way to have regional service in Europe, instead of them just being an airline of only long hauls.
So what do you think about this move? What do you think about seeing FlyBe’s former fleet in Virgin Atlantic colors, and the possibility of adding Boeing or Airbus aircraft to the fleet? In my opinion, I think it will be cool, but I will mis FlyBe’s Purple livery.
Credits to DJ’s Aviation for supplying the information.
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