Flyglobespan, the Edinburgh-based low-cost leisure airline, entered administration and suspended operations after a last-minute bid to secure funding failed. The carrier, along with tour operator Globespan, said Monday that a major funding package from Jersey-based Halcyon Investments was imminent. But it did not occur. Globespan Group employs around 800 people and operates 10 aircraft, according to administrators at PricewaterhouseCoopers. "Despite difficult trading conditions, the company ...

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