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Anglesey, Southampton, Newquay, Exter and Belfast City as top affected airports if flybe stops operations.
Following up the news on the British regional carrier flybe facing a cash shortage and urgently seeking extra cash to avoid collapse, we took a look at what possibilites and outcomes face the industry, namely, airports.
Short reminder: The airline already faced a collapse in late 2018 when it was saved at the last minute by a takeover bid submitted by Connect Airways, a consortium of Virgin Atlantic, Stobart Group, and Cyrus Capital. However, seems like problems occurred this year as well.
Flybe represents the 3rd largest domestic carrier by capacity in the United Kingdom with 23,5% share, after easyJet and British Airways.
When it comes to frequency, the airline operates the most domestic flights in the United Kingdom, with every 1 of 3 domestic flights operated by flybe:
With it’s fleet of 67, flybe operates capacity out of 42 airports next week – 23 in the UK.
The highest number of flights scheduled in the week from 13th of January to 19th of January 2020 to be operated by flybe is from Manchester (250 per week), followed by Southampton (235), Birmingham (220) and Belfast City (205):
According to the data available at ch-aviation capacities module, we have summarized the possible consequences on airports if flybe suspends operations.
Here is the list of 12 (out of 23) to be most affected UK airports with more than 10% of the flybe capacity, led by Anglesey, where flybe is the only operator. Airports like Southampton, Newquay, Exter Belfast City and Cardiff tend to have the highest risk:
A similar picture emerges by the number of departures, but this time we have 19 airports with more than 10% of flights operated by flybe. Again, the list is led by the Anglesey and followed by Southampton, Exter, Belfast City, Newquay, Cardiff, Wick, etc.
The overall picture shows tremendous affects for some regional airports in the UK as flybe is the largest domestic operator in the UK in terms of flights frequency.
ch-aviation capacities module provides instant detailed capacity, frequency and market share information by airlines and airports worldwide.