The boss of Ryanair has launched a fresh attack on Sajid Javid over the rescue package for
In an open letter to the chancellor signed by Ryanair's CEO Michael O'Leary and shared on Ryanair's official Twitter account, it accuses him of making "inaccurate and seriously misleading" statements about Flybe's finances.
Five points were made by Mr O'Leary in the letter, including one statement in which he claims the short-term tax deferral granted to Flybe known as a "Time to Pay" was a "breach of state aid rules".
The Ryanair boss also hit out at Flybe's owners - led by Sir Richard Branson's Virgin Atlantic - by asking Mr Javid: "If these billionaire shareholders are not willing to put their hand in their own deep pockets to bail out the loss-making Flybe, then why is your government and HMRC giving them a bail-out?"
In another excerpt from the letter, Mr O'leary queried Mr Javid's assertion that Flybe was "a viable business with genuine short-term difficulties", describing it as "a business that has lurched from failure to failure
The latest blow from Mr O'Leary comes nearly a fortnight after he threatened to sue the Government over its involvement in a financial support package aimed at Flybe.
Earlier this month, Press Association reported that British Airways and Aer Lingus owner International Airlines Group had filed a complaint with the European Commission, claiming the deal breaches state aid rules and gives the struggling airline an unfair advantage.
Meanwhile, it was reported that Willie Walsh, the chief executive of International Airlines Group which owns British Airways, had written to Transport Secretary Grant Shapps questioning the deal.
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Yesterday, ministers were said to have brought in troubleshooters to help hammer out a government loan to Devon headquartered Flybe.
reported that lvarez & Marsal (A&M), which specialises in corporate and financial restructurings, had been drafted in to assist the Department for Transport (DfT) on its assessment of the basis for a commercial loan.
The company is understood to have been involved in talks between Flybe, owners Connect Airways, and Whitehall officials during the past week.
It was widely reported that Flybe had been allowed by HMRC to defer its monthly Air Passenger Duty (APD) payments. However,
Today, a Flybe spokesperson said:“Flybe delivers critical regional connectivity across the 海角视频 and Europe, including providing more 海角视频 domestic flights than any other airline.
"We are currently working with our shareholders and the Government, all of whom are very supportive of the business, in order to deliver our long term strategic plan.
"Throughout this process we are continuing to provide great service and connectivity for all customers travelling on our network.”