Flybe-V1

[BA318]

Originally Posted by runway30

An airline needs an Operating Licence to be a going concern. The legal entity wasn't sold, there was no ongoing business. I think they sold the name and a passenger database which amounts to sod all.

“A key priority was to negotiate with the Civil Aviation Authority (CAA) about Flybe’s operating license and air operator certification. Without these, Flybe would lose access to valuable assets and vital permissions to function, including UK and EU airport slots”

“The M&A process attracted nine credible expressions of interest and the ultimate sale of Flybe to a new company, called Flybe Ltd and, as Edel explains, “the sale provided the possibility for growth, new jobs and the chance for Flybe Ltd to be a valuable economic contributor to regional communities across the UK and EU.” In the context of the Government’s ‘leveling up’ agenda and its emphasis on restoring regional connectivity, the prospects are good.”

The LHR and AMS slots are from Flybe1 so clearly they went with the sale too.