Dmitry Vereshchagin/Adobe Stock DLA Piper Swoops In as Troubled Flybe Enters Second Administration
The airline is the latest U.K. company to enter adminstration amid a difficult economic outlook.
January 30, 2023 at 06:56 AM
2 minute read
UK | Legal Week
DLA Piper has stepped in to guide U.K. airline Flybe through its latest administration, as the Birmingham-headquartered company ceases trading. It is the second administration process for struggling airline Flybe. The latest process is being undertaken by administrators Interpath, which confirmed in a statement on January 28 that the vast majority of the airline's 321 employees would be made redundant with immediate effect, while a skeleton staff team would be retained to assist with the administration process, as well as any possible future sales.
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