From Mail20 Dec 2018 07:13
Investors in airline Flybe Group (FLYB) received some festive cheer as Virgin Atlantic confirmed it was still interested in buying the company. Flybe shares soared by 10.5%, or 1.6p, to 16.8p after Virgin said it was holding discussions with a view to a potential takeover. Though Virgin emphasised there was no certainty a deal would ensue, investors seemed willing to take the chance. But interest from Virgin, and rumours that Southend Airport owner Stobart Group Ltd. (STOB) and British Airways’ parent International Consolidated Airlines Group SA (CDI) (IAG) could be sniffing around, have caused shares to climb 45% since it put itself up for sale in November