Aviation safety

Most recent

Plane struggles to land in strong winds at Heathrow Airport
A British Airways plane faced difficulties when attempting to land at Heathrow Airport.

Flybe offer raised

Flybe plan
Getty Images

The consortium bidding for troubled regional airline Flybe - which includes Virgin Atlantic - has raised its offer for the company from £2.2m to £2.8m. It's still only just above a penny a share.

The airline is in dire need of funds.

It wasn't able to meet the terms of a £20m loan that was originally being proposed, so a new credit line of £10m now and £10m later has been put together.

The companies say this provides the "security that the business needs to continue to trade successfully".