Flybe collapses after government pulls £100m loan as coronavirus hits aviation industry

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Flybe collapses after government pulls £100m loan as coronavirus hits aviation industry
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Flybe collapses after government pulls £100m loan

Europe’s biggest regional carrier fell into administration after ministers rejected a request for a £100m state loan following seven weeks of talks, with shareholders bogged down in an industry-wide crisis caused by the disease and unwilling to help ­either.

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The Telegraph /  🏆 41. in PT
 

Due to Coronavirus?

Good why should government prop up a failing business, first their blamed brexit now this virus pathetic company

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