London CNN —
British airline Flybe has “ceased trading” and canceled all scheduled flights, the company and the British Civil Aviation Authority (CAA) said on Saturday.
“Flybe, which operated scheduled flights from Belfast City, Birmingham and Heathrow to airports across the UK, as well as Amsterdam and Geneva, has halted trading,” the CAA wrote in a statement.
“We urge passengers planning to fly on this airline not to go to the airport as all Flybe flights have been cancelled,” CAA consumer director Paul Smith was quoted as saying.
In a statement released on social media, Flybe warned that canceled flights “will not be rescheduled”.
According to the announcement, the company was placed under insolvency administration.
Founded in 1979, the Exeter-based low-cost airline was once Europe’s largest independent regional airline, carrying 8 million passengers a year and operating more than 200 routes.
The airline had been struggling prior to Saturday’s announcement. Flybe collapsed because of the coronavirus pandemic as the outbreak plunged the entire global airline industry into a crisis. It was saved in 2021 after administrators agreed on a deal with the company Thyme Opco.