Flybe plane £200m stock market listing
14.11.10
Flybe is in the final stages of planning for a stock market flotation that would value it at around £200 million, the Sunday Times reports. The regional budget airline will use the money raised to fund an expansion programme that may include the takeover of two rivals, the newspaper adds.
Citing 'unnamed industry sources', the paper said the two potential takeover targets were Flybaboo, a Swiss regional airline, and an unidentified Finnish airline.
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