Flybe's collapse could be 'first of many' airlines

The failure of Europe's biggest regional airline Flybe could be the start of more casualties, analysts predict. On Thursday, a global airline industry body warned the financial hit from coronavirus could reach $113bn (£87bn) this year. The bleak prediction came on the same day UK-based Flybe went into administration. Airline experts are forecasting more failures as passengers cancel flights. Flybe's collapse "will likely be the first of many in 2020," said James Goodall, transport analyst at Redburn.

Source: https://www.bbc.com/news/business-51748139

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