Sunday, 27 September, 2020

Flybe plane seized by Isle of Man government due to ‘outstanding debts’

Image caption

Flybe operated flights concerning the Isle of Gentleman and Manchester, Liverpool and Birmingham

An aircraft owned by collapsed airline Flybe has been impounded by the Manx authorities until the firm’s outstanding money owed are paid out, the Isle of Man’s treasury minister has said.

Alfred Cannan claimed the airline owed the infrastructure section much more than £300,000 in landing costs as properly as air passenger duty (APD) from February.

Whilst that figure is not still acknowledged, January’s payment was £155,577.

Flybe’s administrator, EY, has been approached for remark by the BBC.

Mr Cannan informed the Manx parliament: “A Bombardier Sprint 8 aircraft, which is the plane in problem, has a replacement price of close to £25m and a ebook value of £4m, so I hope that we should in fact get our funds that is owed.”

The island’s customs and excise division was ready for affirmation of the complete volume of APD nevertheless thanks to the govt, Mr Cannan stated.

The previous Flybe aircraft to land at Ronaldsway Airport touched down on the night of 4 March, hrs in advance of the airline went bust.

Source backlink