Flybe to stay in air as Virgin Atlantic-led group injects cash

Regional airline, which faces cashflow crisis, is being taken over by consortium for £2.2mThe consortium led by Virgin Atlantic and Stobart Group has been forced to rush through an injection of cash into Flybe, after the struggling regional airline failed to mollify banks that were withholding money.Virgin Atlantic, which is still part-owned by billionaire Richard Branson, Stobart and investment house Cyrus announced the £2.2m bid for Flybe on Friday, under the banner of Connect Airw