Brexit Process: British Midland and Future Prospects

brexit process: British Midland Regional Limited, which operates as Flybmi, said it's filing for administration because of higher fuel costs and uncertainty caused by Britain's upcoming departure from the European Union, according to Nine News Australia. 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 a lack of confidence around bmi's ability to continue flying between destinations in Europe, the airline said on its website late Saturday. To improve your experience update it here News World British airline Flybmi collapses leaving hundreds stranded in Europe By Sarah Swain Associated Press11 49pm Feb 17, of passengers throughout Europe have been stranded by the abrupt collapse of the British regional airline Flybmi. British Midland Regional Limited, which operates as Flybmi, said it's filing for administration because of higher fuel costs and uncertainty caused by Britain's upcoming departure from the European Union. The airline thanked workers for their dedication and said; it is with a heavy heart that we have made this unavoidable announcement. AAP It added All flights have been cancelled with immediate effect. (news.financializer.com). As reported in the news.