If even a £100m loan wouldn’t be enough to save the UK airline why hand it over?
If you want a £100m loan from the government to keep flying, make sure your case is transparent and solid. Flybe’s pleas, sadly, seemed to fail on both scores.
The company’s collapse creates a headache for ministers since the airline operates almost 40% of UK domestic flights and employs more than 2,000 people, but it’s hard to save a company when the owners haven’t obviously dug deep themselves.
