Flybe, Europe’s largest regional airline, has collapsed into administration less than two months after the government announced a rescue deal.
So many companies collapsed in the last 3 years. It must be nothing but coincidence with Brexit.
Fly Be no more, ,,, Rescue much noise about very little,, again.
Yeah, but the virus was more powerful
Such a shame. I was really hoping it could hang in there.
felledger Why didn’t they just give the money directly to their mate richard Branson? Cut out the middle (tax) man
Awful
Should have let UKLabour win. They'd have got a dozen year's PR pwnage out of this collapse. Imagine Labour actually promising to just let private sector companies fail? Then again, buying the worthless shares is how state takeovers ought to be done, no?
Yaay .. fewer flights = Less GlobalWarming r4today BBCBreakfast LBC C4News
Valeriejconroy1 When we have got thru this CoronaVirus and flooding and look back those 10 days in which Boris Johnson did not appear in public are going to look worse than ever PartTimePrimeMinister Chevening FebruaryStaycation
well they were already in trouble beforehand so it's not surprising now with the corona virus problems.
A lot of red light lasses going to get a rest this weekend
That’s the free market for you..
Beautiful government socializes losses is the discreet neoliberal charm
Whatever will be will be.
What ever this government announces it turns to failure. This is the way brexit will turn out. Disaster.
I suppose we get HS2 which nobody needs or afford.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FlyBe crisis as £100m bailout set to be rejected - finances to run out within WEEKSFLYBE is the latest airline struggling with finances after a multi-million-pound loan was rejected by the government. Will the budget carrier face collapse? What will happen to your flights? This is what you need to know.
Source: Daily Express - 🏆 26. / 68 Read more »
Flybe collapses after government pulls £100m loan as coronavirus hits aviation industryAiling airline Flybe has become the first major British firm to collapse due to coronavirus, after a government rescue bid fell apart. Good why should government prop up a failing business, first their blamed brexit now this virus pathetic company Due to Coronavirus?
Source: The Telegraph - 🏆 41. / 63 Read more »
Flybe flights 'cancelled and passengers turned away at UK airports'PASSENGERS are “being turned away” and Flybe planes “are impounded at UK airports” — amid fears the ailing airline has collapsed. It was thought to be on the brink of collap… Because coronavirus outbreak?
Source: TheSun - 🏆 64. / 61 Read more »
FlyBe 'could go bust within weeks' amid coronavirus crisisFlybe is waiting to find out whether it's been granted a £100m loan by the government Didn't we just bail them out? They're only after more cash and using COVID-19 as an excuse. Let it die, if theres one thing that taxpayer bailouts have taught us its that saving a fim that spends more than it earns is throwing good money after bad Yes coronavirus is a temporary problem but the long term protection against future viruses will make air travel less popular
Source: The Independent - 🏆 80. / 59 Read more »
Flybe collapses after 'pressure' from coronavirus with 2,000 jobs at riskFlybe CEO Mark Anderson informed the airline's 2,000 staff via email that the ailing business was going into administration, hours before the UK Civil Aviation Authority confirmed it had ceased trading immediately And mismanagement
Source: The Mirror - 🏆 136. / 51 Read more »
Flybe 'could collapse within weeks without help'Flybe%20%27could%20collapse%20within%20weeks%20without%20help%27%20%7C%20Flybe%20%7C%20The%20Guardian That's capitalism for you Flybe is a regional airline - many of it's routes are duplicated by other airlines or rail. If any government funding is provided it should only be for the remote regional routes that are not serviced by other air/rail route, EG 'Lifeline services'. emilie_richeux Omar ba ba
Source: The Guardian - 🏆 84. / 53 Read more »