» » » UK says it has struck deal to save troubled airline Flybe

UK says it has struck deal to save troubled airline Flybe

Business:
UK says it has struck deal to save troubled airline Flybe
UK says it has struck deal to save troubled airline Flybe

The British government said Tuesday it had reached a deal to save the struggling regional airline Flybe

airlines like Flybe that have significant costs in dollars but take in revenue in pounds.

It is the second U.K.-based airline in four months to face failure. Thomas Cook went bust in September.

The British Airline Pilots' Association welcomed Tuesday's deal that will secure the jobs of 2,400 Flybe staff.

"The government is to be applauded for stepping up to the plate to help one of the few remaining independent U.K. airlines and a vital one at that," a spokesman said.

Views
142
14 January 2020, 23:30