British regional airline Flybe said early on Thursday it entered into administra...
Flybe was already in financial trouble before coronavirus hit.
Flybe’s current owners are Connect Airways, a consortium created by Virgin Atlantic, Stobart Group and Cyrus Capital. The group have invested 110 million pounds since buying Flybe in 2019. PM Johnson said in January that Flybe was important for Britain’s transport links and that the government would do what it could to help the carrier.
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