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Popular FLYbmi carrier now under administration due to Brexit
| Published: | 18 Feb at 6 PM |
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The low-cost airline, popular with British expats as well as holidaymakers, was apparently taking bookings right up until its bankruptcy announcement became public.
Based in the Midlands, the carrier operated over 600 scheduled flights to European destinations including France and Spain, and employs some 450 staff. A spokesperson told the media the decision to go into administration was made due to the rising cost of fuel and the imposition of carbon taxes caused by the EU’s decision to exclude UK-based airlines from its Emissions Trading Scheme. In addition, the Brexit situation has disallowed the airline from securing European flying contracts, limiting its ability to continue flying to a number of European airports.
In the meantime, new, exclusive Spanish estate agencies are popping up in various elite Marbella areas, hoping to take advantage of increasing interest in upscale properties by foreigners. One such agency, allied to London-based auction house Sotheby’s, opened just last month and is confident of success. Set just opposite the entrance to the city’s charming old town and close by Alameda Gardens, the agency is advertising returns of at least 5 per cent per annum and is aiming at high-end purchasers in the business sector as well as well-heeled private buyers.
At the other end of the property spectrum, residents and expats in Nerja are protesting against some 80 or more motorhomes now parked in the public area backing El Plazaro beach and in a nearby car park. Local police have been informed, but lax Spanish laws on motorhomes are preventing any action being taken. Motorhomes are treated differently than caravans, with owners allowed to park up on public land as well as living in their vehicles, provided they refrain from placing any tables, chairs or other furniture outside. Police are visiting the motorhomes every few days and asking owners to move them, but no-one’s listening as they know their rights.
Based in the Midlands, the carrier operated over 600 scheduled flights to European destinations including France and Spain, and employs some 450 staff. A spokesperson told the media the decision to go into administration was made due to the rising cost of fuel and the imposition of carbon taxes caused by the EU’s decision to exclude UK-based airlines from its Emissions Trading Scheme. In addition, the Brexit situation has disallowed the airline from securing European flying contracts, limiting its ability to continue flying to a number of European airports.
In the meantime, new, exclusive Spanish estate agencies are popping up in various elite Marbella areas, hoping to take advantage of increasing interest in upscale properties by foreigners. One such agency, allied to London-based auction house Sotheby’s, opened just last month and is confident of success. Set just opposite the entrance to the city’s charming old town and close by Alameda Gardens, the agency is advertising returns of at least 5 per cent per annum and is aiming at high-end purchasers in the business sector as well as well-heeled private buyers.
At the other end of the property spectrum, residents and expats in Nerja are protesting against some 80 or more motorhomes now parked in the public area backing El Plazaro beach and in a nearby car park. Local police have been informed, but lax Spanish laws on motorhomes are preventing any action being taken. Motorhomes are treated differently than caravans, with owners allowed to park up on public land as well as living in their vehicles, provided they refrain from placing any tables, chairs or other furniture outside. Police are visiting the motorhomes every few days and asking owners to move them, but no-one’s listening as they know their rights.
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