FlyBe ?100m bailout set to be 'rejected' - reports

4th Mar 2020 08:22

(Sharecast News) - Flybe is facing potential collapse after its request for a ?100.0m taxpayer loan looked set to be rejected.

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Flybe defends rescue as rivals attack deal

17th Jan 2020 09:33

(Sharecast News) - The war of words over Flybe's rescue package escalated on Friday as the regional airline denied it had received favourable treatment and competitors threatened legal action.

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Flybe averts collapse after govt, shareholders strike deal

14th Jan 2020 23:27

(Sharecast News) - British regional carrier Flybe was saved from collapse on Tuesday night after the government and airline's shareholders reached a deal to keep it in the air.

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UK govt considers air duty cut to save Flybe

14th Jan 2020 09:28

(Sharecast News) - UK government officials were set to meet on Tuesday in an attempt to save regional air carrier Flybe from collapse with a potential cut in flying taxes on the table.

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Flybe CEO Ourmieres-Widener to step down in July

28th May 2019 12:53

(Sharecast News) - Flybe said on Tuesday that chief executive officer Christine Ourmieres-Widener will step down from the company on 15 July.

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US carrier Mesa involved in fresh bid for Flybe

20th Feb 2019 09:55

(Sharecast News) - US-based regional airline Mesa Air Group is involved a bid to save struggling British carrier Flybe, it was revealed on Wednesday morning.

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Flybe says airline will be wound up if shareholders shun sale

7th Feb 2019 23:48

(Sharecast News) - Flybe warned shareholders to support a sale to a Virgin Atlantic-led consortium or the troubled carrier would be wound up.

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Flybe gives shareholders vote on whether to jettison chairman

4th Feb 2019 08:46

(Sharecast News) - Troubled low-cost carrier Flybe on Monday said it would call a general meeting to vote on a request by largest shareholder Hosking Partners to replace chairman Simon Laffin.

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Flybe board puts support behind chair in Hosking dispute

28th Jan 2019 09:32

(Sharecast News) - Flybe shares took off in early trade on Monday after the group threw its weight behind chairman Simon Laffin just days after a major shareholder called for his resignation.

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Flybe moves to reasure investors as legal action looms

24th Jan 2019 10:40

(Sharecast News) - Troubled UK domestic airline Flybe on Thursday sought to reassure investors as it said it had already received the first £10m of funding as part of its buyout by the Connect Airways consortium as one investors reportedly threatened to block the deal.

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Virgin-Stobart consortium lifts Flybe offer; revises loan deal

15th Jan 2019 10:05

(Sharecast News) - Troubled UK airline Flybe on Tuesday said it had reached an agreement to sell its main trading company and digital operation to a Virgin-led consortium for an increased £2.8m.

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Flybe bought by Virgin, Stobart consortium for £2.2m

11th Jan 2019 07:19

(Sharecast News) - British regional airline Flybe Group on Friday agreed a 1p-a-share takeover by a consortium made up of Virgin Atlantic, Stobart Group and Cyrus Capital Partners valuing the company at £2.2m.

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Flybe climbs as Virgin confirms talks ongoing

19th Dec 2018 11:18

(Sharecast News) - Virgin Atlantic said on Wednesday that it still in talks with Flybe about potentially making a takeover offer for the regional carrier.

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Airline industry to enjoy tenth year of profits in 2019 - IATA

12th Dec 2018 09:46

(Sharecast News) - The airline industry will see profits take off for the tenth year in a row in 2019, according to the International Air Transport Association, as oil prices soften and the global economy expands.

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Flybe soars as IAG said to be lining up bid

26th Nov 2018 14:19

(Sharecast News) - Shares in Flybe surged again on Monday following a report that International Consolidated Airlines is considering bidding for the budget airline.

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