Stobart Group to invest up to £9 million in Flybe rescue deal
Stobart Group has said it is contributing up to £9 million as part of the rescue deal for Flybe, the troubled airline it purchased a stake in last year.
Flybe was saved from collapse on Tuesday evening following an agreement between the Government and Flybe’s owner Connect Airways, a consortium including Stobart, Virgin Atlantic and Cyrus Capital.
Stobart Group said in a London stock exchange…
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