Restructuring partners Graham Newton, Tony Nygate and James Stephen were appointed joint administrators on Monday afternoon (February 18).

Flybmi operated a fleet of 17 aircraft serving 25 European cities.

It ceased operations, cancelled all flights and filed for administration on Saturday citing the ongoing uncertainty around Brexit and rising fuel costs.

Loganair, which is owned by the same holding company – Airline Investments – that controlled Flybmi, will take over Flybmi routes from Aberdeen and Newcastle.

Airlines UK, the trade body for UK registered airlines, said the carrier had fallen foul of the "ferociously competitive environment" facing airlines.

In a statement, BDO confirmed: “The majority of Flybmi’s 376 employees across the UK, Germany, Sweden and Belgium have regrettably been made redundant, although some have been retained to assist the joint administrators.”

Customers have been advised to contact their payment card issuer for refunds.

Those who booked through a travel agent or codeshare partner should contact their booking agent or partner airline for more information.

Nygate said: “As joint administrators, we are taking all necessary steps to ensure customers, staff and suppliers are supported through the administration process.

"Our job is to maximise recoveries and minimise distress for all parties, acting as smoothly and swiftly as possible.

“Customers can find information on the Flybmi website regarding the steps they need to take to apply for a refund from their payment provider or travel company.

"We are also working with the company’s employees to provide them with guidance on how to make a claim for monies which may be due to them.

"In addition, we are contacting suppliers to explain how to apply for monies owed to them.”