Most of Flybe’s fleet is made up of Dash 8s. Accountancy firm EY said offers had been made for the division with the transaction likely to complete in the coming days. Learn more Member log in Register Aircraft Search an aircraft Supported planes Production lists New aircraft deliveries Production summary Last … The General Electric CF34-powered Embraer E175 formed the backbone of Flybe’s regional jet fleet, with nine aircraft in use at the time of the carrier’s collapse. It is understood that the overall aim for these aircraft are full sales only. As mentioned earlier, one of the reasons the carrier is struggling is through BREXIT and a weaker and volatile British pound. Do you think that the aviation industry will recover by 2024? By using our services, you agree to our use of cookies. PLAN NOW TERMINATED, Ceased operations 04 Mar 20. It is unclear which carriers are interested in a takeover. Vehicle trade-ins are welcome and financing is available. Although it is a good thing the carrier is still in a profit, it is more the case of how long it will last. A report by Sky News states that Europe’s largest independent regional carrier will be putting itself for sale via the London Stock Exchange, hoping to attract a potential bidder that will take over or merge it with a competitor. Flybe has announced plans to cut its fleet to 70 aircraft by 2020 after a comprehensive review of regional operations. MRO approvals restored to enable preservation of fleet For more confidence in the Q400 program, the UK regional airline has extended the leases on five of its Q400 aircraft which immediately reduced rental costs on the aircraft. Flybe also received £4.5 million from IAG for the sale of take-off and landing slots at Gatwick to Vueling on January 11. Cookies help us deliver our services. PLAN NOW TERMINATEDCeased operations 04 Mar 20. Flybe says its decision to put itself up for sale is due to the "current challenges" it faces - higher fuel prices, uncertain demand and a weaker pound. The sale of Flybe to a Virgin Atlantic-led consortium has completed, ... There’s a few of the Flybe fleet still kicking around in the old white and pale blue livery. LONDON — Exeter-based regional carrier Flybe will go on-sale following rising costs of fuel, increased competition, and the volatility in currencies sparked by the imminent BREXIT. Flybe Group concluded that the Bombardier Q400 is the best core aircraft for its current and future needs, with the aircraft set to remain as the backbone of the Flybe fleet for the foreseeable future. Flybe Group plc trading up 30% on the open and here is why… Flybe operates a fleet of over 80 aircrafts through Flybe UK and Flybe aviation services segments. The new owners plan to simplify Flybe’s core route network, which will be tailored to provide improved connectivity with Virgin Atlantic’s long … LONDON – Skyworld Aviation has announced it will sell 11 of Flybe’s Bombardier Dash 8 Q400 aircraft. Flybe put itself up for sale this week amid softening demand and higher oil prices. Flybe has announced plans to cut its fleet to 70 aircraft by 2020 after a comprehensive review of regional operations. Since October 16, the group’s share prices have fallen from £32.20 to £11.50 per share. The airline put itself up for sale in November after things became more dire. When Flybe, who accounted for 75% of the passengers numbers at the airport, went into administration on 5 March, it led to the loss of 931 jobs. However, Stobart Air, which owns London-Southend Airport, has in the past expressed interest in Flybe. November 14 saw the carrier release its half-year financials to the London Stock Exchange. LONDON — Exeter-based regional carrier Flybe will go on-sale following rising costs of fuel, increased competition, and the volatility in currencies sparked by the imminent BREXIT. According to Planespotters, Flybe has a fleet of 71 aircraft (including three in storage), the majority of which is made up of 54 De Havilland Canada DHC-8 Dash 8 turboprops. 888-227-7253. It will be ultimately interesting to see whether Stobart Air, a carrier that has been interested in the past will go for the carrier or not, given how cheap it is on the market at the moment. To be re-branded 'Virgin Connect'. Q3 is showing a positive improvement with 63% of seats sold (Q3 2017/18: 59%). Administrators are finalising the sale of Flybe Aviation Services, the MRO operation of Flybe which had continued to trade after the collapse of the UK regional airline. Flybe is a regional airline that has a sizable fleet of 78 aircraft including turbprop ATRs and Bombardier Dash 8s in addition to a handful of Embraer E-Jets. (30% Virgin Atlantic, 30% Stobart and 40% Cyrus Capital Partners). On 21 February 2019, Flybe announced that the sale of Flybe Limited and Flybe.com Limited to Connect Airways had been completed, with Flybe flights continuing to operate as normal. This is what it had to say in its financials regarding this. Flybe to cut fleet to 70 aircraft by 2020 17 May 2018 After a comprehensive review of regional aircraft options, Flybe Group has concluded that … Flybe is a regional airline that has a sizable fleet of 78 aircraft including turbprop ATRs and Bombardier Dash 8s in addition to a handful of Embraer E-Jets. Christine Ourmieres-Widener, Flybe’s CEO, recently said that the airline’s current focus at the moment is to reduce its costs against the “headwinds of currency and fuel costs”. 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Blue Islands became a Flybe franchise operator 06 Jun 16 Announced 11 Jan 19 that the airline had been sold. Even though Flybe’s revenues had increased to £752.6 million during the first half of 2018, the airline is expected to hit full year-losses of up to £22 million. Directors at Flybe reportedly concluded that a takeover is the best option in order to return back to profit. (30% Virgin Atlantic, 30% Stobart and 40% Cyrus Capital Partners). Flybe Inflight Magazine June 2019 , "Flight Time" Flybe Inflight Magazine June 2019 , other flybe items for sale please ask. Flybe operates a fleet of 76 aircraft – 54 Bombardier Q400, six Embraer E195, 11 E175 and five ATR 72s. According to Planespotters, Flybe has a fleet of 71 aircraft (including three in storage), the majority of which is made up of 54 De Havilland Canada DHC-8 Dash 8 turboprops. AirwaysNews High Flyer Interview: Spirit CEO Ben Baldanza – Part 2. James is the Editor-At-Large for the magazine and is actively boosting its presence in the region. A report by Sky News states that Europe’s largest independent regional carrier will be putting itself for sale via the London Stock Exchange, hoping to attract a potential bidder that will take over or merge it with a competitor. size medium old style logo never worn as new. 34 of the Dash 8s are listed as leased.Out of nine Embraer ERJ-170, two are listed as leased, and its two ERJ-190s are also leased. UK-based regional airline Flybe this month put itself up for sale as it battles “softening” growth in the European short-haul market and continued headwinds from higher fuel and currency costs.. Regional operations have taken place by Flybe since 1979 so for the carrier to go under if no buyer is found would be a shock to the UK market. Flybe is undertaking a fleet reduction plan to cut the number of aircraft it operates to 70 by 2020, down from 85 at its peak in May 2017. The E195s have been seen as the more expensive aircraft to operate in Flybe’s fleet. This was followed by … Business Sale Report is the UK's leading independent business for sale & distressed business listing service. Flybe entered Administration on 5 March 2020 and Alan Hudson, Joanne Robinson, Lucy Winterborne and Simon Edel of EY have been appointed as Joint Administrators. The Government continues to negotiate the UK’s exit from the European Union but has not yet reached an agreed deal.”, “In relation to aviation, the various Government papers on Brexit set out the issues facing the industry and failure to reach an agreement may put at risk, or damage, parts of the business.”, “The “no-deal” Brexit proposals give a 14 month stand off period, thus giving more time for consideration of alternative strategies and solutions if required.”, “The Board believes that an appropriate agreement will be reached, although it is also developing contingency plans including potentially reassigning contracts that could be directly affected.”. Net debt increased to £82.1m including £70.6m cash (31st March 2018: £59.1m including £95.0m cash). Stobart Air became a Flybe franchise operator 05 Jun 14, Blue Islands became a Flybe franchise operator 06 Jun 16 34 of the Dash 8s are listed as leased. Flybe 2 hubs include Manchester and Birmingham airports but the carrier also has several codeshares that allow for connections to longhaul fights out of airports like London Heathrow , Dublin Airport , Amsterdam … According to the aviation blog Planespotters, there were 71 planes in Flybe's fleet. Just before Christmas, it was noted that the new owner of former regional carrier Flybe had applied for an Air Operators Certificate (AOC). Yesterday recorded share price at £11.70 per share – now at £11.90 per share with a share offer price of £12.25 per share if anyone wants to take over. At the time of writing this, the share price for the carrier is up at 0.5% compared to market closure yesterday. A fleet of 11 former Flybe De Havilland Canada Dash 8-400s are due for transatlantic journeys to their new homes in North America. Returns the returns for this product will not be accepted at all unless the item does not match the description The firm is working with HEH Hamburger EmissionsHaus in this process. However, the group abandoned the bid earlier this year. Inside a Flybe cabin, and some of the food that was for sale on a Flybe flight. The carrier will be handing back a further two E195 aircraft to lessors by the end of 2H18, bringing the count down to 76. A Dash 8 has been registered for the ‘new Flybe.’ Photo: Getty Images A Dash 8 for the new Flybe. The deal announced on 11 January saw the shares in Flybe valued at just a penny each, with the sale price just above £2m. Entered administration 05 Mar 20, Announced 11 Jan 19 that the airline had been sold. It started off... © Copyright 2020 Airways International, Inc. All rights reserved. Reports state that the airline, today, is valued at around GBP £25 million, about 90% less than what its stock value listed in 2010. Flybe to return all Embraer 195 aircraft 21 May 2018 by Mark Caswell Regional carrier Flybe has confirmed it is to return all of its Embraer 195 jets, as part of plans to reduce the size of its fleet. The owners of aircraft leased by troubled flybe. The General Electric CF34-powered Embraer E175 formed the backbone of Flybe’s regional jet fleet, with nine aircraft in use at the time of the carrier’s collapse. To be re-branded 'Virgin Connect'. Flybe to return all Embraer 195 aircraft 21 May 2018 by Mark Caswell Regional carrier Flybe has confirmed it is to return all of its Embraer 195 jets, as part of plans to reduce the size of its fleet. Revenues fell by 2.4% to £409.2 million (£419.2 million in 1H17) due to a 9% reduction in capacity. The UK regional carrier, founded in 1979 as Jersey European Airways,  currently boasts a fleet of 78 aircraft. The fact that Flybe are after buyers would suggest it needs investments urgently in order to boost profits back up. The carrier ceased service operations on 04-Mar-2020, and entered administration on 05-Mar-2020. Except for two examples on lease from Germany’s HEH Aviation, G-FBJI (c/n 17000355) and G-FBJJ (c/n 17000358), the entire E175 fleet was owned by the Exeter-based regional giant. (BE, Exeter) are understood to be closely tracking the carrier's financial situation amid concerns that the UK Civil Aviation Authority (CAA), acting on behalf of Eurocontrol, has the legal right to impound aircraft and sell them to recover debts, The Telegraph newspaper has said citing sources familiar with developments. September 30 this year saw the fleet totalling at 78 aircraft compared to 80 back in March this year. Its fleet now comprises of 76 aircraft - 54 Bombardier Q400, six Embraer E195, 11 E175 and five ATR 72s - but is making the Q400 the backbone of its fleet. Flybe fleet details and history. ... cutting costs and continuing to shrink the fleet, and creative ways of generating cash are also on the menu. The carrier recorded a 1H18 profit before and after tax of £7.4 million, which is down from £16.1 million in 1H17. The analyst was sceptical that Flybe could cheaply complete a sale and leaseback of its 27 planes, saying lessors would have a lack of confidence in Flybe’s long-term future. “Brexit remains a major uncertainty for the sector and the wider economy. Entered administration 05 Mar 20. The airline, which has 78 aircraft in its fleet, said it was in talks with a number of potential buyers, without giving details. According to the financial report, the E195s are expected to exit the fleet in 2020/21 while four more E175s will join it in 2019/20. As Europe’s largest regional airline, Flybe had concluded that the Bombardier Q400 was “the best core aircraft for its current and future needs” and added that the aircraft would remain as “the backbone of the Flybe fleet for the foreseeable future”. Flybe BAe-146 Mansion.com ~ G-JEBG (1:400) by Jet X 1:400 Diecast AirlinersItem Number: JET211Features:- Highly collectible- True to 1/400- Ready for display- Quality diecast construction Flybe Bombardier Q400 G-JECP new colors (1:200) By Herpa 1:200 Scale Diecast Airliners Item Number: HE559829 About Flybe Bombardier Q400 G-JECP new colors (1:200) In late 2018 Flybe introduced yet … Most of those (54) were twin-propelled Bombardier Q400 Dash 8s. https://airwaysmag.com › airlines › flybe-for-sale-looking-for-a-bidder-merger Back in May this year, the airline outlined a new strategic plan regarding their fleet of Dash 8s and Embraer aircraft. Flybe delisted from the London Stock Exchange following regulatory approval of the airlines sale to Connect Airways in Mar-2019 with plans of rebranding as Virgin Connect. According to the financial report, the E195s are expected to exit the fleet in 2020/21 while four more E175s will join it in 2019/20. Flybe carry a total of 8 million passengers per year between 81 airports located across the United Kingdom and Europe, with more than 210 routes across 15 different countries. Although the carrier made a profit of £7.4m in the six months to 30 September 2018, the figure was 54 percent lower than during the same period 12 months ago. This count will head back to 80 however, with four new Embraer E175s due for delivery in the July 2019/20 period. Blue Islands became a Flybe franchise operator 06 Jun 16 Announced 11 Jan 19 that the … (30% Virgin Atlantic, 30% Stobart and 40% Cyrus Capital Partners). All flights have been grounded and the UK business has ceased trading with immediate effect. The airline put itself up for sale in November after things became more dire. Announced 11 Jan 19 that the airline had been sold. MIAMI - “United 1 Heavy, contact departure!” Banking gracefully left, the mighty Boeing 777 climbed skyward, roaring past the edge of my bed, over... LONDON – As we know, Flybe (BE) went into administration back in March this year, following a few years of financial downturns. Out of nine Embraer ERJ-170, two are listed … In terms of the Q400s, flybe will exit four aircraft by 2020/21 while renegotiating leases on the rest. All used Fleet Cars for Sale have passed a rigorous inspection by an ASE- Certified technician. The sale of the parent company, Flybe Group plc, now an empty shell, was confirmed by its shareholders at a meeting on 4 March and became effective on 11 March. A bargain? Flybe, Europe’s largest regional airline, flies 53 percent of all UK domestic flights excluding London with a fleet of 54 Bombardier Q400s, six Embraer E195s, 11 E175s, and five ATR 72 turboprops. In terms of the Q400s, flybe will exit four aircraft by 2020/21 while renegotiating leases on the rest. This is a developing story, stay tuned to airwaysmag.com for constant updates. James is a passionate AvGeek based in Manchester, U.K who has been actively spotting for years. Photo: Getty Images. Post-Flybe: What’s Next For The UK Regional Market? However, it has promised it would phase out some planes and cut capacity even further to focus on its most popular and profitable routes. Most of the fleet are purple (bet that’s going to be a pain to paint over) but this is already superseded by a white with purple tail. Flybe’s stock plunged after a profit warning last month. 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