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BUZZ-Flybe: slumps after Stobart gives up pursuit of co

Thu, 22nd Mar 2018 08:57

** Flybe Group shares down 25 pct in volume afterStobart says it has scrapped plans to buy the company

** Stobart says Flybe rejected a bid, and it has decidedagainst making a higher offer

** Flybe has been hit by faltering demand and co's shareslost almost a third of their value in 2017

** Worst day for stock in >3 years

** Stobart -1.3 pct(harish.bhaskar.thomsonreuters.com@reuters.net)

More News
4 Mar 2020 22:17

UPDATE 6-British airline Flybe collapses as coronavirus deals final blow

* Airline struggling before coronavirus hit demand* Accounting firm EY to handle administration* Could hurt government plans for regional connectivity* Govt trying to fill routes, Loganair steps in on 16 routes (Adds govt comment on Loganair, expert...

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4 Mar 2020 22:17

UPDATE 5-British airline Flybe collapses as coronavirus deals final blow

* Airline struggling before coronavirus hit demand* Accounting firm EY to handle administration* Could hurt government plans for regional connectivity (Adds further reaction, background)By Sarah Young and Kate HoltonLONDON, March 5 (Reuters) - Briti...

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4 Mar 2020 22:17

UPDATE 4-British regional airline Flybe collapses after coronavirus blow

* Airline struggling before coronavirus hit demand* Accounting firm EY to handle administration* Could hurt government plans for regional connectivity (Adds industry details, reaction)By Sarah YoungLONDON, March 5 (Reuters) - British regional airlin...

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4 Mar 2020 22:17

UPDATE 2-British regional airline Flybe due to go into administration -source

* Airline already struggling before coronavirus hit demand* Accounting firm EY ready to handle administration* Planes continuing to fly for now* Flybe failure to hurt UK govt plans for regional connectivity (Adds owner comments, company and industr...

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4 Mar 2020 22:17

UPDATE 1-British regional airline Flybe due to go into administration -source

(Adds company background, company declining to comment)LONDON, March 4 (Reuters) - British regional airline Flybe is due to go into administration in the next few hours, a source told Reuters on Wednesday, as the already struggling carrier failed ...

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4 Mar 2020 21:17

British regional airline Flybe due to go into administration - source

LONDON, March 4 (Reuters) - Troubled British regional airline Flybe is due to go into administration in the next few hours, a source told Reuters on Wednesday.Flybe had been seeking a government loan to help it survive. The airline is owned by Con...

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4 Mar 2020 20:47

Troubled UK airline Flybe cancelling flights - ITV

LONDON, March 4 (Reuters) - British regional airline Flybe, which has been seeking financial aid from the government, has cancelled all flights from Birmingham airport, a reporter for broadcaster ITV said.Flybe said in a statement on Wednesday tha...

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4 Mar 2020 14:43

PRESS: Flybe Edging Closer To Liquidation; UK Government Loan Unlikely

PRESS: Flybe Edging Closer To Liquidation; UK Government Loan Unlikely

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26 Feb 2020 09:59

Eddie Stobart's Losses Mount But "On Stable Footing" Amid DBAY Backing

Eddie Stobart's Losses Mount But "On Stable Footing" Amid DBAY Backing

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22 Feb 2020 11:00

PRESS: Ryanair Boss Still Confident In Boeing; Muslim Remark Backlash

PRESS: Ryanair Boss Still Confident In Boeing; Muslim Remark Backlash

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18 Feb 2020 08:58

PRESS: UK Government Could Backtrack On Flybe Tax Cut - Telegraph

PRESS: UK Government Could Backtrack On Flybe Tax Cut - Telegraph

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12 Feb 2020 15:02

IAG's Bid For Details On UK Government's Flybe Dealings Fails

IAG's Bid For Details On UK Government's Flybe Dealings Fails

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17 Jan 2020 11:33

Flybe Seeking Loan From UK Government After Tax Holiday

Flybe Seeking Loan From UK Government After Tax Holiday

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17 Jan 2020 09:41

UPDATE 1-Flybe discussing loan on commercial terms with government -BBC

(Adds Flybe statement)By Sarah YoungLONDON, Jan 17 (Reuters) - Struggling British regional airline Flybe is in talks with the government about a loan on commercial terms which would not represent a state bailout, the BBC reported on Friday.British...

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17 Jan 2020 09:31

Flybe Says UK Tax Holiday "Will Only Last A Matter Of Months"

Flybe Says UK Tax Holiday "Will Only Last A Matter Of Months"

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