The Mudcat Café TM
Thread #165570   Message #3977371
Posted By: Iains
17-Feb-19 - 12:31 PM
Thread Name: BS: Brexit #3: A futile gesture?
Subject: RE: BS: Brexit #3: A futile gesture?
This winter is proving extremely cruel to small airlines, which have high fixed costs and, currently, very low revenues. It has precipitated the collapse of Primera Air, Cobalt of Cyprus and Germania before Flybmi.

Flybe, which is continuing operations as normal, has been rescued by a cash injection from a consortium involving Virgin Atlantic, Stobart Air and a US hedge fund – which bought it for just £2.2m.

Small regional airlines based in the UK are particularly vulnerable. Return journeys on domestic flights are subject to £26 in Air Passenger Duty, placing them at an immediate disadvantage. And whenever a route becomes successful, it is likely that a bigger player will elbow in with larger planes and lower fares.

Lets see a Scandinavian airline, a cypriot airline, and a german airline along with FlyBMI all kicked into touch and Flybe struggling.
All due to Brexit?
Pull the other one!

Awkward things facts.