Regional airline Flybe at risk of collapse

Flybe, Europe’s largest regional airline, is at risk of collapse, according to a report.

The airline operates more UK domestic flights than any other, and is reportedly in talks over potential emergency financing after suffering rising losses, Sky News reported.

It reported that Flybe has been holding talks with the Department for Business, Energy and Industrial Strategy and the Department for Transport (DfT) on whether the government could provide or facilitate any emergency financing to the company..