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Flybe commits to ‘loyal customers’ as rescue deal struck

Government
15 January 2020

Flybe has reaffirmed its commitment to “exceptional air connectivity” as it is saved from the brink of collapse. 

Flybe chief executive Mark Anderson said coronavirus has impacted trading

After two days of rescue negotiations with shareholders and the government, a deal was reached with the regional airline last night (14 January). 

Its shareholders – including a consortium of Virgin Atlantic, Stobart Group and Cyrus Capital Partners – have agreed to inject cash into the business, BBC News reports.