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Aircraft and finance. Flybe's main shareholder sells its stake; 15% collapse of the airline's shares

Exeter, United Kingdom - A few days ago the carrier had announced a plan which included the cut of 500 jobs

Rosedale Aviation, the main single shareholder of Flybe, sold its 48.1% stake in the main European regional carrier. The operation was probably generated by the growth of the value of the Exter-based company's stock following to the positive results which were announced on Monday 11 November (AVIONEWS). The overall revenue of the group grew by 10 million pounds, from 341 to 351 million: the turnaround...

AVIONEWS - World Aeronautical Press Agency - 1156431
Rome, Italy, 11/13/2013 15:39
AVIONEWS - World Aeronautical Press Agency

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