Flybe Buyer Emerges; Operations Set To Resume In 2021

UK regional airline Flybe could resume operations in early 2021, after a company associated with former shareholder Cyrus Capital Partners agreed to acquire the airline from its administrators. News of the deal emerged Oct. 19, spurring hopes that Europe’s largest regional airline could be revived. Ernst & Young said they have agreed to sell Flybe’s business and assets-including the airline’s brand, intellectual property, stock and equipment–to Cyrus Capital Partners affiliate Thyme Opco… (aviationweek.com) More...