The British Airline Pilots Association, or Balpa, has called for talks with all parties to establish the likely impact on Flybe’s pilots and employees.
Details of the rescue bid emerged on Thursday evening (January 10) and were confirmed by Virgin and its partners on Friday morning (January 11).
Together with Stobart Group, which operates the Stobart Air Flybe franchise, and private equity firm Cyrus Capital, the newly-forced Connect Airways consortium has agreed a £2.2 million cash offer for the embattled regional carrier.
Connect has pledged to invest up to a further £100 million to establish new operations, with Flybe rebranded Virgin Atlantic.