Connect Airways raises takeover offer for Flybe

Kerry Reals January 15, 2019
Credit: Flybe
The Virgin-led consortium seeking to acquire Flybe has increased its offer by £600,000 ($771,000) and agreed to immediately provide £10 million to improve the UK regional carrier’s liquidity, after it was revealed the conditions for the original bridge loan facility could not be met. Connect Airways...
Kerry Reals

Kerry Reals is a UK-based aviation journalist with 15 years’ experience covering all aspects of the airline and aerospace sector for a variety of industry publications. She is a freelance contributor to Aviation Week & Space Technology, Aviation Daily and Air Transport World, focusing on the European airline industry, with an emphasis on how the sector is working to improve sustainability and reduce its carbon footprint.

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