• Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups
 

Talk Finance

£$$€№₮IAL €¢¤₦¤MI¢ №€₩$
  • Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups

Talk Finance

  • Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups

In Money Matters

Flybe in talks with the government

13th January 2020 David Stevenson

Flybe in talks with the government Pin It

The British airline Flybe is in trouble again. According to the Sky News, talks are currently being conducted with the British government for emergency loan. A year ago, a consortium led by Virgin Atlantic saved the regional society, which also flies at Schiphol, from collapse.

According to Sky, 2000 jobs are at stake and the EY accounting firm is on standby to handle any form of liquidation. Flybe says in a short statement that the company operates and flights continue as normal.

The problems at Flybe, which has a fleet of 75 aircraft and flies at more than eighty airports in the United Kingdom and Europe, are not isolated. Earlier it was the end of practice for industry peers such as Monarch Airlines, Air Berlin, Wow Air and Aigle Azur and a series of smaller players. Tour operator Thomas Cook, which had its own aircraft, also went bankrupt recently.

According to the international trade association IATA, which previously reduced its annual profit estimate for the sector, airlines generally have a difficult time. This is partly due to geopolitical tensions, social unrest and uncertainties surrounding the Brexit.

Share

No Comments

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Previous Post

European Commission waits for…

In Domestic Affairs

European Commission waits for LSE request on Refinitiv acquisition

View Post

Next Post

VISA takes over Plaid financial…

In IT, Innovation and Startups

VISA takes over Plaid financial services provider

View Post

In IT, Innovation and Startups

Moderna gets permit for a mRNA plant in the UK

View Post

In Money Matters

British consumer confidence at the historically lowest point

View Post

In Foreign Affairs

The ban of Russian gold is likely to boost the price

View Post

Newsletter

Latest News

View

The ban of Russian gold is likely to boost the price

27th June 2022

View

British consumer confidence at the historically lowest point

24th June 2022

View

Moderna gets permit for a mRNA plant in the UK

23rd June 2022

View

Tesco says Brits are buying less and downtrading to manage inflation

20th June 2022

In Domestic Affairs

Crisis at P&O Ferries could affect independent UK retailers

View Post

In Domestic Affairs

Authorities seize one of P&O Ferries ships

View Post

Bulat Utemuratov owns an entire garage of sport cars.

In Foreign Affairs

The Great Hunt for the Nazarbayev assets has just begun

View Post

The former president of Kazakhstan N. Nazarbayev (L) and Aslan Musin (R)

In Foreign Affairs

Aslan Musin, an elusive kleptocrat from Kazakhstan, provided falsified records to obtain EU citizenship

View Post

Allow us to introduce ourselves

Talk-Finance.co.uk, the analytic media. We are focused on the fresh business, M&A and financial data. We pay attention to the interesting new projects and startups while not letting the whole picture to let unnoticed.

  • Investing.com

Sign Up for Our Newsletter

Our friendly crew

  • Chris Kimble, the managing Editor
  • Matthew Weller, webmaster&technical stuff
  • Charles Sizemore, author
  • David Stevenson, author
  • Helen Rush, author

Contact us by [email protected]

© 2019 Talk Finance - All Rights Reserved. [email protected]