Flybe – trouble at the top

“A battle over the cut-price sale of Flybe will gather pace next week after the airline’s biggest shareholder demanded the sacking of its chairman.

Sky News has learnt that Hosking Partners wrote to Flybe on Friday to requisition an extraordinary general meeting (EGM) aimed at ousting Simon Laffin, the City grandee who has chaired Flybe for five years.

The fund management firm run by Jeremy Hosking, a prominent investor, wants to install Eric Kohn, an experienced aviation executive, in Mr Laffin’s place.

A statement confirming the EGM request is expected to be made by Flybe to the London Stock Exchange as soon as Monday morning….”

https://www.theguardian.com/business/2019/jan/26/small-supermarket-wales-owned-surrey-casino-property