The insolvency proceedings of the former regional airline Flybe have now been completed. A total of 935.460 creditors remain stuck with outstanding claims amounting to 684 million pounds sterling. The company's dissolution was ordered by the court on March 18, 2024 and is now traceable in the commercial register.

The proceedings affected the “old Flybe”, which was founded in this form in 2002. The successor (aka “new Flybe”) is now also bankrupt, but their bankruptcy proceedings have not yet been completed. The “old Flybe” had to stop flight operations and file for bankruptcy on March 4, 2020, during the beginning of the corona pandemic.

A consortium bought some assets from the crowd and launched a “new Flybe”. Even before the first flight there were numerous problems that had to be solved. Ultimately, the successor was not granted a long life because bankruptcy had to be filed on January 28, 2023. The “first flight” was carried out on April 13, 2022 - the “new Flybe” lasted less than a year.

According to the court's announcement, the vast majority of claims that could not be serviced in bankruptcy proceedings are unsecured claims. These also include passengers with plane tickets that have become worthless. Creditors with secured claims have had at least a small part of their claims paid out within quotas. Since the company has now been officially dissolved and the bankruptcy proceedings have been completed, there will be no further distribution. This means that a total of 935.460 claims worth £684 will no longer be serviced. The creditors of this are therefore left completely empty-handed.