Flybe subsidy boosted by GBP1m as it battled to survive

Troubled regional airline Flybe was given an increase of GBP1m in public subsidies by ministers and local authority officials as it struggled to stay afloat because of poor results and large debts. The govt allowed the airline to switch a flight route from Gatwick to Heathrow, where it could offer more services by using its existing landing slots at London’s main international hub. Both the Department for Transport and the airline said the decision was made to benefit passengers because the carrier could offer more frequent flights at a bigger airport with better long-haul connections. The move, which was announced in November, led to a higher subsidy because of the increased flight frequency at a more expensive airport. <br/>
Financial Times
https://www.ft.com/content/c24054d4-1c13-11e9-b126-46fc3ad87c65
1/21/19