Company News 

Flybe puts itself up for sale

Flybe puts itself up for sale

Flybe (FLYB) has spent recent years trying to undo its past mistakes of overexpanding too quickly in a saturated European airline market. So far it’s made some progress, with a 9 per cent reduction in capacity during the first half of its financial year alone, giving way to an improvement in load factor from 76 per cent to 84 per cent. Still, that utilisation rate trails far behind that of larger rivals such as easyJet (EZJ) and Ryanair (RYA). Flybe has a backup option – to put itself up for sale.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now