A Rescue Plan For Flybe
Flybe, a low-cost airline based in Exeter, has recently been losing a considerable amount pushing them to put the small company on sale (loss of 28m pounds). Flybe was hoping a company would come up and buy it. Hopefully, they could have an option coming up soon, but Flybe needs to hurry up finding a buyer before it’s too late.
Yesterday might have been the option, Virgin Atlantic has now come up and have been interested in the low-cost airline. Virgin Atlantic has already tried to launch their own low-cost airline which was named “Little Red”. They launched it but as soon as it was created, it disappeared in September 2015.
Having the opportunity to buy Flybe, Virgin Atlantic come up with a rescue plan for the low-cost airline. Virgin Atlantic has confirmed that they were in talks with Flybe to buy it. Flybe might have just been saved, and Virgin would have finally gotten its own low-cost airline.
Written by myself, informations picked out of here
This thread will be kept updated.