British Flybmi Airline Goes Into Administration After Being ‘Seriously Affected’ By Uncertainty Over Brexit

 “These issues have undermined efforts to move the airline into profit. Current trading and future prospects have also been seriously affected by the uncertainty created by the Brexit process, which has led to our inability to secure valuable flying contracts in Europe and lack of confidence around bmi’s ability to continue flying between destinations in Europe.

“Additionally, our situation mirrors wider difficulties in the regional airline industry which have been well documented.

The spokesperson said that against this background, it had become “impossible” for the airline’s shareholders to continue their extensive programme of funding into the business, despite investment totalling over £40m in the last six years.

“We sincerely regret that this course of action has become the only option open to us, but the challenges, particularly those created by Brexit, have proven to be insurmountable.

“Our employees have worked extremely hard over the last few years and we would like to thank them for their dedication to the company, as well as all our loyal customers who have flown with us over the last 6 years,” the spokesperson said.

One passenger said he had already gone through security at Bristol airport when his flight was cancelled.