By Sarah Younger
By Sarah Younger
LONDON, Jan 17 (Reuters) – Struggling British regional airline Flybe is in talks with the federal government a few mortgage on industrial phrases which might not characterize a state bailout, the BBC reported on Friday.
British Airways ICAG.L and Ryanair RYA.I have opposed government-backed help for Flybe, saying it prevents a stage taking part in discipline and breaches state support guidelines, though the main points of the plan haven’t been made public.
The federal government has mentioned that its help for Flybe, which supplies hyperlinks between many regional UK and European airports, doesn’t breach EU guidelines on state support.
Flybe’s boss Mark Anderson mentioned any authorities assist could be made on industrial phrases, the BBC reported, citing an tackle he gave to Flybe workers.
“We’re in dialog with the federal government round a monetary mortgage – a mortgage, not a bailout – a industrial mortgage, however that’s the identical as any mortgage we would take from any financial institution,” the BBC quoted…