FlyBe 'at risk of collapse' as airline holds talks with government

Flybe is reportedly at risk of collapse, less than a year after it was taken over by a Virgin Atlantic-led consortium. The airline operates more UK domestic flights than any other, and is 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. Some 2,000 jobs are said to be at risk. A Flybe spokeswoman said: "Flybe continues to focus on providing great service and connectivity for our customers, to ensure that they can continue to travel as planned. We don't comment on rumour or speculation." Were FlyBe to go bust, it would be the second major airline in four months to collapse, following the demise of Thomas Cook Group last September. <br/>