January 14, 2020 / 6:14 PM / 8 days ago

Britain strikes deal to save regional airline Flybe

FILE PHOTO: Britain's Business Secretary Andrea Leadsom is seen outside Downing Street in London, Britain November 5, 2019. REUTERS/Yara Nardi/File Photo

LONDON (Reuters) - Flybe shareholders have struck a deal with the British government to keep the regional airline operating, business minister Andrea Leadsom said on Tuesday.

“Delighted that we have reached agreement with Flybe’s shareholders to keep the company operating, ensuring that U.K. regions remain connected,” Leadsom said in a tweet

“This will be welcome news for Flybe’s staff, customers and creditors and we will continue the hard work to ensure a sustainable future.”

Reporting by Alistair Smout; editing by Stephen Addison

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