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Brexit Airlines

First Airline files for bankruptcy due to Brexit

Brexit Airlines

© Wikimedia Commons

The British airline Flybmi has filed for bankruptcy, as the regional airline announced on its website on Saturday. On the causes of the Flybmi bankruptcy, a company spokesman said: "The challenges, in particular from Brexit, proved insurmountable". Due to the continuing uncertainty caused by Brexit, the airline had lost valuable contracts. Another reason was the increased cost of kerosene due to the EU's partial exclusion of British airlines from emissions trading.

In Germany, Flybmi flew to Frankfurt, Hamburg, Düsseldorf, Munich, Nuremberg, Saarbrücken and Rostock-Laage. There are also some codeshare connections, including with Lufthansa. Flybmi employs 376 people in the UK, Germany, Sweden and Belgium and operated a total of 29,000 flights in 2018.

 (, dpa)

Feb 18, 2019

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