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  5. Former Stobart Chief Executive Tinkler Holds 12% Of Flybe (ALLISS)

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Former Stobart Chief Executive Tinkler Holds 12% Of Flybe (ALLISS)

Mon, 14th Jan 2019 16:51

LONDON (Alliance News) - Airline Flybe Group PLC on Monday said former Stobart Group Ltd Chief Executive Andrew Tinkler now has a 12% stake in the company.

Tinkler's stake prior to last Friday's transaction was not disclosed.

Tinkler was head of Stobart from 2007 to 2017. Stobart is part of consortium Connect Airways Ltd, which also includes Virgin Atlantic Ltd and a fund management by Cyrus Capital Partners LP, that last week agreed a GBP2.2 million deal takeover deal for Flybe.

Shares in Flybe closed 9.9% higher on Monday at a price of 4.12 pence each, compared to the 1p offer made by the consortium.

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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