Flybe returns but no guarantee it will serve South West A new company called Flybe Ltd has bought assets of the failed Exeter-headquartered airline Flybe, which collapsed earlier this month, accounted for 65% of Cornwall Airport Newquay's flights (Image: Wikimedia Commons) Sign up for our Exeter newsletter and you'll never miss a big story againInvalid EmailSomething went wrong, please try again later. Keep me updated When you subscribe we will use the information you provide to send you these newsletters. Your information will be used in accordance with ourPrivacy Notice. Thank you for subscribingWe have more newslettersShow meSee ourprivacy notice South West businesses would welcome the return of newly resurrected airline Flybe to the region – but there is no guarantee it will even fly again let alone to the West Country.