BRITISH airline Flybmi has gone into administration and all its flights are cancelled from today.
The firm, based in the Midlands in the UK, employs more than 450 staff and operates more than 600 scheduled flights a week across Europe.
A spokesperson for flybmi said: “It is with a heavy heart that we have made this unavoidable announcement today.
“The airline has faced several difficulties, including recent spikes in fuel and carbon costs, the latter arising from the EU’s recent decision to exclude UK airlines from full participation in the Emissions Trading Scheme.
“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 airline’s website was still taking bookings on Saturday evening ahead of the announcement.