The airline had operated 17 regional jet aircraft on routes to 25 European cities. But on Saturday, the company said all flights were cancelled and being ordered back to the UK. A statement from the company said: "It is with a heavy heart that we have made this unavoidable announcement today.
READ MORE: Britain's regional airline CANCELS all flights after collapse
"The airline has faced several difficulties, including recent spikes in fuel and carbon costs, the latter arising from the EU's recent decision to exclude UK airlines from full participation in the Emissions Trading Scheme.
"These issues have undermined efforts to move the airline into profit.
"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 lack of confidence around bmi's ability to continue flying between destinations in Europe.
"Additionally, our situation mirrors wider difficulties in the regional airline industry which have been well documented.
FlyBMI administration: Did you book a flight with FlyBMI? (Image: GETTY)
"Against this background, it has become impossible for the airline's shareholders to continue their extensive programme of funding into the business, despite investment totalling over £40 million in the last six years.
"We sincerely regret that this course of action has become the only
