Flybe’s management team has told staff that it is “determined” to keep the airline running after reports that the company was seeking emergency funds to avoid going into administration.
Europe’s largest regional carrier was locked in crisis talks with the UK Government as it fought to avoid the same fate as Thomas Cook.
Flybe’s CEO, Mark Anderson, sent an internal email to staff explaining that the airline would continue to operate as normal.
The email, which was seen by the BBC, said: “All my energy, and that of our Leadership Team, is very focused on continuing to turn Flybe, soon to be Virgin Connect, around and deliver the heartfelt service that our customers expect.
“I do appreciate that the headlines some of you have already read are disturbing but I want you to know that we are determined to do everything we can to make this work.”
According to a Sky News report, accountancy firm EY is poised to handle an administration of the airline group, if it fails to secure additional funding from the UK Government.
Flybe currently operates around 75 aircraft serving over 80 airports in the UK and Europe.
If Flybe fails to secure a rescue package, it will be the second major European airline to fall in just four months, after Thomas Cook Group collapsed in September.
Last year, Flybe’s assets were purchased for nearly $3 million by Connect Airways, which is led by Virgin Atlantic. Flybe is due to be rebranded to Virgin Connect.