Flybe puts itself up for sale

The airline employs around 1,000 people at Exeter airport and the Exeter and East Devon Growth Point relies heavily on the company’s HQ being in East Devon.

Here is the latest report of Exeter airport’s consultative committee in September 2018 was notable for unusually having no Flybe representative attending:

https://www.exeter-airport.co.uk/content/uploads/1808_Consultative.pdf

“One of Exeter’s most important employers, Flybe, has put itself up for sale – partly because it’s been hit hard by Brexit-related uncertainty and currency fluctuations.

The move was announced to the stock market this morning.

Flybe, which employs around a thousand staff at its Devon HQ, was linked with Stobart earlier this year but no deal resulted.

The airline’s share price and profitability have struggled for years.”

https://www.bbc.co.uk/news/live/uk-england-devon-46102129

One thought on “Flybe puts itself up for sale

  1. Pingback: Council leaders fight to keep Flybe in Exeter - Vision Group for Sidmouth

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