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Arrival EY: Simon Edel, Alan Hudson and Sam Woodward of EY-Parthenon's Turnaround and Restructuring Strategy team were appointed joint administrators of Arrival UK and Arrival Automotive UK, EY said.
Companies insolvencies soared to a thirty-year high last year, as all types of insolvency rose compared to 2022.
Boost for Aberdeen as Flybe snaps up three daily slots to London © Supplied by Kami Thomson Thank you for signing up to The Press and Journal newsletter. Something went wrong - please try again later. Sign Up Air passengers in the north-east have been given a boost after newly-resurrected Flybe snapped up 36 weekly flights to London. The airline has bought the slots from British Airways, along with 50 weekly journeys – 25 departures and 25 arrivals – from Edinburgh Airport to Heathrow. Earlier this year administrators for Flybe completed the sale of its business and assets to a ne...
Regional airline Flybe reborn as assets sold to new company by administrators Exeter-headquartered airline went belly-up in 2020 but new firm aims to start flights again in 2021 14:04, 14 APR 2021 Updated Sign up to FREE email alerts from BusinessLive - Subscribe 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 The Flybe name could take to the skies again this Summer after administrators for the failed firm...
FLYBE, which had a major presence at Southampton Airport, will return to the skies after administrators said they had completed the sale of the collapsed airline. Thyme Opco has bought Flybe’s business and assets, and plans to resume flights this summer, although on a smaller scale than before. Having struggled for years, the Exeter-based carrier was pushed into administration in March 2020 as the Covid-19 pandemic destroyed large parts of the travel market. It resulted in the loss of 2,400 jobs across the country. The firm had bases at UK airports such as Aberdeen, Belfast City, ...