Flybmi is the latest of several airlines to collapse since 2017 as firms complain about rising fuel costs and concerns about Brexit. Flybmi is the latest of several airlines to collapse since 2017 as firms complain about rising fuel costs and concerns about Brexit. Flybmi latest airline to collapse as firms blame rising fuel costs and BrexitThe airline announced on Saturday night it has ceased operations and is filing for administration because of Brexit "uncertainty" and "spikes in fuel and carbon costs". Flybe chief executive Christine Ourmieres-Widener said the airline was forced to seek a buyer because of rising fuel costs, currency fluctuations and Brexit uncertainty. In October 2017, Monarch became the biggest ever British airline to suffer a collapse when it went into administration.

Source: Irish Independent February 17, 2019 08:37 UTC