Hazard Skupina

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Flybe -chief Mark Anderson has told employees that he and his management team remain "focused" to turn the airline round.

Mr Anderson's comments came in an E-Mail to the following staff reports that the airline is in crisis talks in an attempt to put together a rescue Deal .

Flybe , which has already fought once saved, secure fresh Finance.

In his E-Mail, Mr Anderson emphasised that Flybe was to continue to function as usual.

"All my energy, and our Leadership Team is very focused on continuing to Flybe , the soon Connect with the virgin, and delivering the heartfelt service that our customers expect," he said.

"I appreciate that the headlines have read, some of you already, are distracting, but I want you to know that we are determined what we can to make this work. "

He told staff that he was "very grateful" for their work and commitment.

In a previous statement, Flybe said it was focusing on "providing great service and connectivity for our customers, to ensure to travel that they would continue as planned".

Flybe chief Mark Anderson asked not to speculate employees, rumors and concentrate on your work, while it works to turn the airline around

Flybe , the UK's largest regional carrier, adds: "We do not comment on rumors or speculation. "

The reports are purchased, a year after Flybe for £2. 8m from a consortium including Virgin Atlantic and Stobart Group .

Since then, the consortium has invested millions of pounds into the ailing airline, but to assemble the losses.

tourism consultant and researcher Prof Annette Pritchard of the Welsh Centre for Tourism Research in Cardiff, commented on Twitter that Flybe "provided an important social and cultural link for many marginal economies".

headquartered in Exeter, Flybe carries More Than eight million passengers annually, from airports such as Southampton, Cardiff and Aberdeen in the United Kingdom and Europe.

the route network includes More Than half of the Flights within the United Kingdom outside of London.

If the economy collapses, More Than 2,000 jobs At Risk .

traveler

Matthew Mills, a Graphic Designer based in Shropshire is Concerned, recently booked Flights for himself and His Family to Germany with Flybe .

He is also one of the 10,000 consumers are still waiting for a refund of the collapsed travel company Thomas Cook in the holiday, to be held in November.

"you don't know whether to laugh or cry," he told the BBC. "We have Flybe quite a bit in The Past , because we have family in Germany, and we don't have many alternatives in the UK - if Flybe goes down, we would be looking at 50% more prices on Flights from Germany, easily. "

Flybe Worried customers have taken to tell Twitter to Express their concerns, they are still waiting for information on whether their Flights before.

Union 'appalled'

The BBC understands that EY lined up has been as administrators in the case of Flybe , to go under.

Brian Strutton, General Secretary of the pilots union Balpa, said: "I Am appalled that Once Again The Future of a major British airline and hundreds of jobs will be discussed, In Secret , without input from employees or their representatives.

"could have, According to the airline, broke over the weekend that would have been devastating news. "

Mr Strutton called Flybe owners and the government to talk to The Union , saying employees have a right to know what was going on.

Exeter is to illustrate the home of Flybe 's seat, and a quick look at the departures and arrivals board here, the importance of the airline connections to the area. Of The Eight departures to destinations such as Manchester, Newcastle and Jersey, seven of them are operated by Flybe .

The Taxi Driver took me from The Train station, told me that his company £40,000 to secure a concession was Paid , in The Terminal . "Flybe is a big part of our business," before helpfully reeling from a list of arrival and departure times, he knew that off The Top of his head. It is only the Flights is not More Than 400 people work at HQ, plus, you run a training Academy for apprentices aircraft engineers.

The airline is in talks with both the Ministry of transport and The Business Department, to see if the government can provide, or facilitate a rescue. The government refused a request from Thomas Cook for £150m in emergency funding, with Boris Johnson claimed it would have to be a "moral Hazard " - a dangerous precedent that the government is called upon to save themselves, others fail to private companies.

However, the government may face a political risk. He has vowed, the focus on regional connections that improve the breakdown of Flybe would do nothing to.

Prof Loizos Heracleous, an aviation expert from Warwick Business School, said there would be "no easy task" for Flybe to Finance new.

He added: "aviation is an unattractive industry in terms of performance and rate of return to The Best of times.

"is It saddled with the high cost of the assets, namely the aircraft, and the main costs that fluctuate in an uncontrolled manner, especially fuel, which accounts for a third of airline costs.

"on top of that, they face high regulatory, often aggressive, unions, low barriers to market entry, increasing competition and the high bargaining power of buyers the power. "

Ben Bradshaw , Labour MP for Exeter, said Flybe "provided valuable connections in the whole of the United Kingdom" and called on the government to intervene. He called Flybe "strategically important companies".

The industry regulator, the Civil Aviation Authority, said: "We do not comment on the financial situation of the organisations that we regulate. "

your rights

as long as Flybe takes to fly, there is no need to worry and certainly not a reason to try to get Your Money back, writes Simon Gompertz, BBC Personal Finance correspondent.

If the airline fail, however, all Flights would likely be cancelled. Those who could find with Paid bookings, you lose your Flights and Your Money .

If your flight is part of a package holiday covered by the ATOL scheme, then you should be protected and have The Right to a rebooking or a refund.

Otherwise, you can try to retrieve The Money from your credit card company if that is how you Paid . There is also a debit card chargeback System that can help.

Many Travel Insurance companies are not a lot in these cases, unless you stumped up extra for Scheduled Airline failure-option, or something similar.

could be left This stuck in overseas, in the hope that the government will direct the CAA to step in to pick up like the time as a Monarch and Thomas Cook went under, back to the stranded passengers Free of charge.

exeter, air travel, aerospace, companies, flybe

Source of news: bbc.com