DATA SPOTLIGHT: Flybe

This year The Blue Swan Daily will feature some of the leading airlines, airports and country markets for air travel. Here, using the extensive profile insights available to CAPA – Centre for Aviation members to deliver a data snapshot, we look at Flybe, which one year after being rescued by Connect Airways (a consortium formed of Virgin Atlantic (30%), Stobart Group (30%) and Cyrus Capital (40%)) is reported in the UK media as being on the “brink of collapse”.

This year was supposed to see the transition to the Virgin Connect brand, while maintaining essential regional connectivity to local communities. However, UK media have suggested the airline is currently in crisis bail-out talks with government officials in an attempt to safeguard its immediate future.

Flybe has declined to formally comment on the speculation, but has posted the following on its social media platforms: “Flybe continues to provide great service and connectivity for our customers while ensuring they can continue to travel as planned. We don’t comment on rumour or speculation.”

ABOUT
Established in 1979 as Jersey European Airways, Flybe is regional carrier headquartered in Devon. The carrier operates services within the United Kingdom, Ireland, the Channel Islands and Europe via its hub at Exeter International Airport. Flybe also operate from secondary hubs in Manchester, Belfast and Birmingham. The carrier was part of the Flybe Group PLC, which was acquired by Connect Airways on 11-Jan-2019. Connect Airways is a UK limited company and owned by Virgin Atlantic (30%), Stobart Aviation (30%), and DLP Holdings (40%) – a wholly owned company of Cyrus Capital. Flybe delisted from the London Stock Exchange following regulatory approval of the airlines sale to Connect Airways in Mar-2019. In Oct-2019, Flybe announced plans to rebrand as Virgin Connect in 2020.

GLOBAL RANKING (as at 13-Jan-2020)

NETWORK MAP (as at 13-Jan-2020)

DESTINATIONS (as at 13-Jan-2020)

ANNUAL PASSENGER TRAFFIC (2010 – 2018)

CAPACITY SNAPSHOT (versus same week last year)

ANNUAL CAPACITY (2012-2020*)(NOTE:The values for this year are at least partly predictive up to 6 months and may be subject to change)

MONTHLY CAPACITY AND SEASONALITY IN DEMAND (2017 – 2020*)

CAPACITY SPLIT BETWEEN DOMESTIC AND INTERNATIONAL OPERATIONS (w/c 13-Jan-2020)

BIGGEST NETWORK POINT (w/c 13-Jan-2020)

BIGGEST DOMESTIC ROUTES BY CAPACITY (w/c 13-Jan-2020)

LARGEST INTERNATIONAL MARKETS BY COUNTRY (w/c 13-Jan-2020)

BIGGEST INTERNATIONAL ROUTES BY CAPACITY (w/c 13-Jan-2020)

AVERAGE FLIGHT LENGTH (w/c 13-Jan-2020)

FLEET SUMMARY (as at 13-Jan-2020)

AVERAGE FLEET AGE (as at 13-Jan-2020)

AIRCRAFT OWNERSHIP SPLIT (as at 13-Jan-2020)

SYSTEM CARGO PAYLOAD (2010 – 2020*)(NOTE: The values for this year are at least partly predictive up to 6 months and may be subject to change)

MORE INSIGHT…

UK regional airlines Flybe & Loganair kiss & make up with codeshare

UK airports: Flybe restructures; impact on regional and other airports

Virgin Atlantic, Flybe and Stobart Air: longhaul, meet shorthaul