January 14, 2020 / 6:20 PM / 4 days ago

Britain strikes deal to save regional airline Flybe

FILE PHOTO: A Flybe plane takes off from Manchester Airport in Manchester, Britain January 13 2020. REUTERS/Phil Noble

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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