-->

mo4ch:>UK airline Flybe succumbs to coronavirus outbreak taking toll on air travel worldwide | Mo4ch News

British airline Flybe has closed its doors for good, as fears over the lethal coronavirus tanks demand for air travel worldwide and the UK government rejects a £100 million loan meant to rescue the company from dire straits.With its final flights touching down at airports across the UK on Wednesday evening, the Exeter-based firm has taken a serious hit in bookings in recent months and has finally called it quits, going into administration to settle its debts early on Thursday, leaving more than 2,000 workers out of a job.While Flybe said in January that its financial struggle was linked to holding a “toxic cocktail” of volatile currencies, uncertainty around Brexit and rising fuel costs, one company insider said the deadly COVID-19 outbreak sweeping Asia, Europe and North America was also to blame.“The impact of coronavirus has made a bad situation worse,” one person close to the airline told the Financial Times. “It has been in a pretty precarious position for a while – it doesn’t ta…