Expert comment from Warwick Business School
Professor Loizos Heracleous, an aviation industry expert from Warwick Business School, said:
"The rescue deal for Flybe always looked like a short-term fix rather than a long-term solution. It was only a matter of time before it ran into trouble again, as it did last year.
"The drop in passengers due to coronavirus has merely accelerated that process.
"Flybe is operating in a fiercely competitive environment and could only become sustainable with significant changes to its business model."
ENDS
Warren Manger
Media Relations Officer
Warwick Business School
The University of
Warwick
Coventry
CV4 7AL
Tel: +44 (0)24 7657 2512
Mob: +44 (0)7876 217983
Email: Warren.manger@wbs.ac.uk
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