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Shapps stops hedge fund boss from cashing in on Flybe's Heathrow slots

Shapps stops hedge fund boss from cashing in on Flybe s Heathrow slots
Transport Secretary backs Civil Aviation Authority s decision to revoke operating licence for the failed airline
6 June 2021 • 9:49am
Grant Shapps has intervened to prevent a Mayfair hedge fund manager from cashing in on take off and landing slots at Heathrow owned by Flybe worth tens of millions of pounds.
The Transport Secretary supported a decision by the Civil Aviation Authority to revoke Flybe’s operating licence on Thursday.
Had the decision not been rubber-stamped, Lucien Farrell of Cyrus Capital would have been free to transfer slots at Heathrow airport to a new company hoping to resurrect the Flybe brand after June 3. ....

United Kingdom , Grant Shapps , Richard Branson Virgin Atlantic , Lucien Farrell , Ben Elliot , Ithyme Opco , Stobart Group , British Airways , Civil Aviation Authority , Transport Secretary , Cyrus Capital , Conservative Party , Sir Richard Branson , Virgin Atlantic , Flybe Limited , Airline Industry , Heathrow Airport , ஒன்றுபட்டது கிஂக்டம் , ரிச்சர்ட் பிரான்சன் கன்னி அட்லாண்டிக் , லூசியன் ஃப்யாரெல் , வறட்சியான தைம் ஒப்கொ , பிரிட்டிஷ் வானெறிக்குழுப்பெயர் , சிவில் விமான போக்குவரத்து அதிகாரம் , போக்குவரத்து செயலாளர் , சைரஸ் மூலதனம் , பழமைவாத கட்சி ,

Flybe secures Heathrow slots for Scottish services

By Cirium2021-04-30T16:02:00+01:00
Reborn UK regional carrier Flybe has secured 86 summer-season slots at London Heathrow airport that it plans to use for services to Edinburgh and Aberdeen in Scotland.
Data published by airport slot co-ordinator ACL on 26 April shows the carrier received the slots from British Airways for the period of 28 April to 30 October. It lists the aircraft to be utilised as a De Havilland Canada Dash 8-400.
Source: Shutterstock
The original Flybe operations ceased flights in March 2020
Cirium’s data shows that Flybe purchased a Dash 8-400 with Pratt & Whitney Canada PW150A engines from Austrian Airlines on 22 January. ....

United Kingdom , City Of , Flybe Ltd , Austrian Airlines , European Commission , British Airways , Reborn United Kingdom , London Heathrow , Whitney Canada , Cyrus Capital , Ithyme Opco , ஒன்றுபட்டது கிஂக்டம் , நகரம் ஆஃப் , ஆஸ்திரேலிய விமான நிறுவனங்கள் , ஐரோப்பிய தரகு , பிரிட்டிஷ் வானெறிக்குழுப்பெயர் , லண்டன் ஹீத்ரோ , விட்னி கனடா , சைரஸ் மூலதனம் , வறட்சியான தைம் ஒப்கொ ,

Boost for Aberdeen as Flybe snaps up three daily slots to London

Boost for Aberdeen as Flybe snaps up three daily slots to London
© Supplied by Kami Thomson
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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 new firm.
The Exeter-headquartered Flybe Ltd collapsed in March 2020, but administrators at restructuring firm EY, have now completed a deal with will also allow an unspecified number of jobs transfer to a new company affiliated with investment adviser Cyrus Capital. ....

United Kingdom , City Of , Virgin Atlantic , Kami Thomson , Simon Edel , Airport Coordination Limited , Flybe Ltd , Ithyme Opco , Stobart Group , European Commission , British Airways , A Flybe , United Kingdom Civil Aviation Authority , Post Thumbnail , Edinburgh Airport , Exeter Headquartered Flybe Ltd , Thyme Opco Limited , United Kingdom Based , Cyrus Capital , Flybe Limited , ஒன்றுபட்டது கிஂக்டம் , நகரம் ஆஃப் , கன்னி அட்லாண்டிக் , காமி தாம்சன் , சிமோன் எடெல் , விமான ஒருங்கிணைப்பு வரையறுக்கப்பட்டவை ,

Regional airline Flybe reborn as assets sold to new company by administrators

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
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The Flybe name could take to the skies again this Summer after administrators for the failed firm completed the sale of its business and assets to a new business. ....

United Kingdom , Virgin Atlantic , Simon Edel , Flybe Ltd , Ithyme Opco , Stobart Group , United Kingdom Civil Aviation Authority , European Commission , Thyme Opco Limited , Cyrus Capital , ஒன்றுபட்டது கிஂக்டம் , கன்னி அட்லாண்டிக் , சிமோன் எடெல் , வறட்சியான தைம் ஒப்கொ , ஒன்றுபட்டது கிஂக்டம் சிவில் விமான போக்குவரத்து அதிகாரம் , ஐரோப்பிய தரகு , வறட்சியான தைம் ஒப்கொ வரையறுக்கப்பட்டவை , சைரஸ் மூலதனம் ,

Flybe returns but no guarantee it will serve South West

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)
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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. ....

United Kingdom , Grant Shapps , Virgin Atlantic , Tim Jones , Flybe Ltd , Stobart Group , Ithyme Opco , Devon County Council , Business Council , United Kingdom Civil Aviation Authority , Cornwall Chamber , Civil Aviation Authority , South West , Cyrus Capital , South West Business Council , Exeter Headquartered Flybe Ltd , Thyme Opco Limited , ஒன்றுபட்டது கிஂக்டம் , கன்னி அட்லாண்டிக் , நேரம் ஜோன்ஸ் , வறட்சியான தைம் ஒப்கொ , டெவன் கவுண்டி சபை , வணிக சபை , ஒன்றுபட்டது கிஂக்டம் சிவில் விமான போக்குவரத்து அதிகாரம் , கார்ன்வால் அறை , சிவில் விமான போக்குவரத்து அதிகாரம் ,