Stricken regional airline Flybe is important for Britain's transport links ...
LONDON - Stricken regional airline Flybe is important for Britain’s transport links and the government will do what it can to help the company, Prime Minister Boris Johnson said on Tuesday ahead of a government meeting that could decide the airline’s future.
With Flybe’s finances at breaking point, government officials will meet later to discuss potentially cutting air passenger taxes on all domestic flights to help rescue it. Talks between Britain’s finance department and Department for Transport could lead to a cut to air passenger duty and a possible deal to allow Flybe to defer a payment of more than 100 million pounds for three years, according to Sky News.
Flybe’s network of routes include more than half of UK domestic flights outside London. Based in Exeter, south west England, it carries eight million passengers a year between 71 airports in the UK and Europe.
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