The FINANCIAL — British airline Flybe has collapsed. All flights have been grounded and that the business has ceased trading with immediate effect. The airline had been struggling for a while. A potential loan to Flybe was part of a rescue deal announced almost two months ago. But the airline’s request did not meet certain criteria set by the government. Less than two months after the government announced a rescue deal for Europe’s largest regional airline, Flybe has collapsed into administration. The coronavirus has had an impact on flight bookings with fewer people travelling. The airline said all flights were…
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