Virgin-led consortium acquires Flybe in $2.8 million takeover deal

Kerry Reals January 11, 2019
Credit: Flybe
UK regional carrier Flybe will be rebranded as Virgin Atlantic under a £2.2 million ($2.81 million) takeover deal announced Jan. 11 by a consortium comprising Virgin Atlantic Ltd., Stobart Group and Cyrus Capital. Exeter-based Flybe said in November that it was seeking a buyer. The airline had run...
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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