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Exeter is ready to help Flybe 'return to the skies'

The collapse of Flybe left around 1,000 highly skilled workers out of work - could they bring Flybe back to life in the coming months?

Flybe

The revival of airline Flybe has taken another step forward with its application for a º£½ÇÊÓÆµ operating licence.

has reported that the airline, which collapsed just before lockdown in March this year, has applied to the CAA this week.

And there are suggestions that if all the paperwork is in place, it could be given the go-ahead to fly again in three months.

The news has been welcomed by economic leaders in Devon.

Tim Jones, Chairman of South West Business Council said that the specialist workforce, suppliers and support network who lost out in the collapse of the airline earlier this year would allow the operators to “hit the skies” running if it returned to an HQ in Exeter.

He said: "The ability to re-engage with these remains highly achievable. This would allow the operators to “hit the skies” running, thereby overcoming a lengthy delay in becoming quickly profitable."

Former shareholder, Thyme Opco Limited, headed by hedge fund boss Lucien Farrell .