Wed, 04 Mar 2020
Flybe has reportedly grounded a number of flights amid a possible collapse tonight.
Passengers have reported being turned away at a number of airports including Glasgow.
ITN correspondent Peter Smith has tweeted that a FlyBe aircraft has been seized at Glasgow Airport, with staff being "taken off their aircraft and being told the bad news".
A FlyBe spokesman was unable to explain what was happening and has been referring inquiries to a third party PR agency.
Energy FM News understands the airline is waiting for the last scheduled flight to land before going into administration.
A formal announcement is likely to be made tomorrow morning.
49.4% of flights into and out of the Isle of Man are operated by Flybe.
More to follow.