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Evening Standard
Evening Standard
Business
Daniel O'Boyle

HISTORICAL FACTS: Flybe to be wound down as complexities prevent rescue deal - Caught on Camera

Flybe will be wound down and its remaining 25 employees made redundant (Ben Birchall/PA)

(Picture: PA Wire)

Flybe will be wound down and its remaining 25 employees made redundant after administrators said the “complexities” of a sale prevented them from finding a way to save the ailing carrier.

Administrators David Pike and Mike Pink from Interpath Advisory said that there was “significant interest from a number of credible parties”, but it was not possible to get a deal over the line “in the available timeframe”.

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