March 4, 2020 / 9:26 PM / a month ago

British regional airline Flybe due to go into administration - source

LONDON, March 4 (Reuters) - Troubled British regional airline Flybe is due to go into administration in the next few hours, a source told Reuters on Wednesday.

Flybe had been seeking a government loan to help it survive. The airline is owned by Connect Airways, a consortium created by Virgin Atlantic, Stobart Group and investment adviser Cyrus Capital. (Reporting by Sarah Young, editing by David Milliken)

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