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

.

(C) 2020 M2 COMMUNICATIONS, source M2 PressWIRE