Flybe, the UK's largest regional airline, went into administration and grounded all flights this morning.
Although the airline had been in trouble for some time, the slowdown in bookings due to the coronavirus proved to be the final blow.
The jobs of 2,000 staff are now in doubt, including 150 based in Belfast. Up to 80% of the flights at Belfast City Airport were operated by Flybe.
Peter O'Dwyer, senior business reporter with The Business Post, joined us with this story and more business news, including:
- Ulster Bank fined €4.6m by Central Bank for arrears failings
- State aid could be relaxed to help businesses
- New ferry boosts Irish Ferries performance
- Live Register falls to 12-year low
Listen to the interview in full by pressing the play button on this page.
