Fly BMI Goes into Administration Blaming the Brexit Uncertainty

Company Asked all Customers with Bookings to contact Banks for Refund

The British Regional Airline Fly BMI has said it has gone into administration with immediate effects, the company therefore cancelled all flights while blaming the Brexit uncertainty as one of the reasons for its decision The decision was taken due to increased fuel and carbon costs and to the uncertainty arising from the country’s plans to leave the European Union. Meanwhile, the managers of the company have shown remorse and has stated that the challenges presented by Brexit is becoming too much for the company to bear and has thus driven them to this decision.