Struggling airline Flybe 'set to collapse within hours'" width="976" height="549">
Airline Flybe is set to collapse within hours, putting 2,000 jobs at risk after a bid for fresh financial support failed, the BBC has learned.The struggling carrier narrowly avoided going bust in January.Exeter-based Flybe said the impact of the coronavirus outbreak on demand for air travel was partly to blame.Its final airborne flights are expected to touch down at airports across the UK late on Wednesday evening.Flybe, which serves far flung parts of the UK including the Channel Islands and the Isle of Man, and the UK regions had been hoping for a
The carrier ran into difficulties last year and was bought by a consortium which includes Virgin Atlantic. In January, the new owners said they would pump ?30m into the business to keep it afloat, but appealed to the government for additional support.While its financial problems were already apparent, a company insider told the BBC the impact of the coronavirus on the travel industry had "made a bad situation much worse".Virgin said this week its chief executive will take a 20% pay cut for four months, and the airline is freezing recruitment and offering employees unpaid leave as the coronavirus saps demand for air travel. Bookings are 40% lower than a year ago, Virgin added. Are you a Flybe passenger? Are you affected by Flybe's expected collapse? Get in touch by emailing include a contact number if you are willing to speak to a BBC journalist. You can also contact us in the following ways:
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