Talks underway to rescue Flybe

Flybe in 'survival talks' as Exeter-based airline faces battle to avoid collapse

The future of Flybe is again uncertain, amid reports the regional carrier is seeking to secure additional funds to "stave off collapse".

It's reported the UK Government could step in to provide emergency financing to the firm, with more than 2,000 jobs at risk.

The news site said it was locked in crisis talks with the Department for Business, Energy and Industrial Strategy and the Department for Transport (DfT).

Flybe said tonight: 'Flybe continues to focus on providing great service and connectivity for our customers, to ensure that they can continue to travel as planned.

"We don't comment on rumour or speculation".

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"This is an appalling state of affairs and we demand that the owners of Flybe - Virgin, Stobart and Cyrus - and the government departments involved stop hiding and talk to us about Flybe".

Flybe flies 8.5 million passengers each year to 170 European destinations.

"You are now able to travel from City of Derry Airport to Glasgow or Manchester with Loganair and connect with Flybe to the East Midlands, Birmingham, Exeter, Southampton, Cornwall Airport Newquay, Cardiff, Isle of Man, Jersey, Düsseldorf, Paris Charles de Gaulle and Amsterdam".

The consortium paid just £2.2 million in February 2019 for Flybe's assets but pledged to pump tens of millions of pounds into the loss-making airline in a bid to turn it around.

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