LONDON - One of Britain's biggest airlines, Flybe, collapsed on Thursday with all its flights grounded, the company said, as the coronavirus epidemic takes a heavy toll on airlines around the world.
Flybe, which employs 2,000 people, had failed to turn around its fortunes since being purchased by the Connect Airways consortium last year, initially owing to weak demand and fierce competition. The Covid-19 virus' impact on travel"has made a bad situation much worse", sources told the BBC, while Bloomberg News reported Thursday that no agreement could be reached on a virus-related bailout.Flybe is the biggest operator of UK domestic flights. The no-frills airline carries around eight million passengers annually and flies from 43 airports across Europe and 28 in Britain.
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