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Flybe: Coronavirus raises new doubts over the airline's future

Struggling airline Flybe is facing fresh doubts over its future amid concern about a rescue loan and the impact of coronavirus on its bookings.
A £100m government loan to help stabilise the business aimed at stablilising the airline may now be in doubt.
A source would not comment on a Financial Times report that the request for finance had been rejected.
But the source added that the virus, as with other airlines, had hit bookings.
"Coronavirus has made a difficult situation far more difficult," the BBC was told.
According to the FT, the airline believes it has enough financial resources to survive "until the end of this month".
As part of a rescue deal announced in January, it agreed that Flybe could defer tax payments of "less than £10m" with HM Revenue and Customs. The government also agreed to hold a review into Air Passenger Duty (APD).

https://www.bbc.co.uk/news/business-51733405
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