About: http://data.cimple.eu/news-article/ba7497ef27badaf2850b68dbc03ce55cda6c22c8eb96d378c6127ea6

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About: http://data.cimple.eu/news-article/ba7497ef27badaf2850b68dbc03ce55cda6c22c8eb96d378c6127ea6 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Troubled British no-frills airline Flybe has held crunch talks with the UK government over a potential rescue, reports said Monday. Officials from the Department for Business, Energy and Industrial Strategy and the Department for Transport held weekend discussions about emergency funding, Britain's Press Association news agency said without citing sources. Flybe, based in Exeter in southwest England, employs about 2,000 people and is owned by a consortium led by Virgin Atlantic. The loss-making carrier was a year ago bought by the 'Connect Airways' consortium, which also comprises infrastructure specialist Stobart and investment firm Cyrus. However, Flybe has since failed to recover in the face of weak consumer demand, fierce competition and a slowdown in Britain's Brexit-facing economy. Smaller airlines are also more exposed to volatile fuel costs and a struggling pound than their larger rivals. Should it collapse into bankruptcy, Flybe would become the second British airline to do so in the last four months after the demise of holiday giant Thomas Cook in September. Last February, British regional airline flybmi also went bankrupt, blaming high costs and Brexit turmoil. rfj/bcp/jh
schema:headline	UK budget airline Flybe in rescue talks: report
schema:mentions	Flybe Bankruptcy Pound sterling Brexit United Kingdom Flybmi Connect Airways Thomas Cook Group Regional airline Cyrus the Great Exeter Virgin Atlantic PA Media Low-cost carrier
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-01-13 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	81 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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