Lufthansa and Air France-KLM are interested in collapsed Flybe’s assets

Share

Flybe plane on the runway with pilot in the window

Two of Europe’s largest airlines are reportedly in early discussions with the administrators of Flybe, the UK carrier which collapsed at the end of January 2023.

According to The Telegraph Flybe is particularly interested in the seven take-off and landing slots at London-Heathrow Airport (LHR) and five at Amsterdam Schiphol Airport (AMS).

The British low-cost airline only resumed flights in April 2022 after going bankrupt in March 2020 due to the coronavirus pandemic.

Administrators from Interpath Advisory will be short on time with a deal needed promptly to save the airline.

However, it is likely any purchase will need to be the entire Flybe business rather than just take-off and landing slots due to them being “remedy slots.”

Flybe operated from two main bases in Birmingham and Belfast and hoped to take advantage of rebounding post-pandemic travel demand.

More than 75,000 passengers were affected by the cancelations.

Both Lufthansa and Air-France- KLM declined to comment when AeroTime contacted the airlines.

Share