Flybe: Government strikes a deal to rescue troubled airline

Flybe: Government strikes a deal to rescue troubled airline

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The government has agreed a rescue plan for troubled regional airline Flybe.

Ministers agreed to work with Flybe to figure out a repayment plan for a significant tax debt that is thought to top £100m.

Meanwhile, the firm’s owners have agreed to pump more money into the loss-making airline.

Business Secretary Andrea Leadsom said the deal would keep the company…

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