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UK regional operator Flybe in talks to sell company

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UK regional operator Flybe Group has disclosed that it is considering a sale of the business as part of a wide-ranging review of strategic options. It is holding talks with an unspecified number of operators about a potential sale. The company states that, as part of this “comprehensive” review, it is looking at capacity and cost-saving measures, and initiatives to strengthen the balance sheet and preserve cash. (www.flightglobal.com) More...

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