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Collapsed UK Airline Flybe Poised for Relaunch After Brand Sale

The brand and remaining assets of the collapsed UK airline Flybe have been sold to a new company, Flybe Limited. The new firm is affiliated with Cyrus Capital, which was part of the consortium that owned the airline before its administration in March 2020. The new owners have confirmed plans to relaunch the airline, with the goal of restoring regional connectivity across the United Kingdom. This sale includes the Flybe brand, stock, and essential equipment needed for the carrier's planned return. The move signals a potential revival for the once-prominent regional airline.

Official Source: https://www.bbc.com/news/articles/c1l92yv4mydo?at_medium=RSS&at_campaign=rss