A Flybe Q400 in London (Photo: AirlineGeeks | William Derrickson)

Flybe Agrees to Sale of Airline to Connect Airways

The Flybe Group has announced an agreement for the sale of the airline to a consortium of airlines. The announcement was made at the beginning of the week with the new owner, Connect Airways, purchasing the airline for £2.8 million ($3.2 million). Connect Airways is made up of Virgin Atlantic Airways, Stobart Air, and Cyprus Capital, and was formed in December to purchase the fledgling Flybe. The airline had been looking for a new owner since November after the airline…

Regional Airline Flybe Rescued as Part of Virgin Atlantic Deal

U.K. airline Flybe is to be involved in a consortium led by Virgin Atlantic that will effectively rescue the regional airline. The news comes after months of uncertainty of the carrier, which carried 9.5 million passengers in 2017/2018 with an average load factor of 75.6 percent. The Downfall Although a…