Flybe’s administrators, Interpath Advisory, has terminated talks with potential buyers, thought to have included Lufthansa and Air France KLM, which were both interested in its Heathrow slot portfolio.
Interpath said “discussions with parties regarding a sale of the business have now concluded”.
It added: “Despite significant interest from a number of credible parties, it has not been possible to develop a transaction in the available timeframe and, as such, the joint administrators will now commence the process of winding down the business and identifying options in relation to the sale of specific rights, interests and assets.”
