Devon airline Flybe has finally been dissolved leaving £700m of debts unpaid. The Exeter-based carrier was at one time a million-passenger operation but it fell into administration in early 2020 and has now finally been wound up. Documents filed at Companies House reveal the firm, now called FBE Realisations 2021 Ltd, ceased to exist on March 18.
Administrators for FBE Realisations 2021 Ltd revealed in filed documents last October that there were more than 935,460 claims from unsecured creditors amounting to a jaw-dropping £684m. Following a hearing in the High Court a notice was sent to all creditors telling them they would not receive any money.
Investigations into all Flybe Ltd/FBE Realisations directors, shadow directors or de-facto directors, for their conduct in the three years before the administration, concluded and no action is being taken against them.
https://www.devonlive.com/news/devon...eaving-9180472