Flybe in crunch bailout talks to save airline that’s ‘at risk of collapse’ – The Sun

THOUSANDS of Flybe passengers are left fearing for their flights as the airline is said to be on the brink of collapse.

A new report has revealed that Europe's largest regional airline is in new talks to find emergency funding due to rising losses.

The airline operates more UK domestic flights than any other.

Sky News reported that Flybe has been holding talks with the Department for Business, Energy and Industrial Strategy and the Department for Transport (DfT) on whether the government could provide or facilitate any emergency financing to the company.

Some 2,000 jobs are said to be at risk.

The British Airline Pilots Association (BALPA) representing Flybe pilots said they were "appalled" that they had not been kept in the loop regarding the airlines future.

BALPA General Secretary, Brian Strutton, said: "I am appalled that once again the future of a major UK airline and hundreds of jobs is being discussed in secret with no input from employees or their representatives.

"According to reports the airline could have collapsed over the weekend which would have been devastating news. 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. We have a right to be consulted and the staff have a right to know what is going on."

A Flybe spokeswoman said: "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."

A spokesperson for the two Government departments issued the same statement, saying: "We do not comment on speculation or the financial affairs of private companies."

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

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