Flybe narrowly avoids collapse after British ministers agree on a rescue package for the airline – TheLiberal.ie – Our News, Your Views

Flybe narrowly avoids collapse after British ministers agree on a rescue package for the airline




Regional airline Flybe has narrowly avoided collapse, after British ministers agreed on a rescue package for the airline.

Crisis talks were held on Monday evening, as the airline inched closer to administration.

It is understood that the airline’s due payment of air passenger duty (which runs into millions) may be deferred as part of the deal.

Flybe is Europe’s largest regional airline.

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