Flybe announces LSE listing

first_imgTuesday 30 November 2010 6:17 am whatsapp Flybe announces LSE listing by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter Center whatsapp REGIONAL UK airline Flybe has announced it is planning to list in London in December to raise about £60m.The initial public offering (IPO) on the London Stock Exchange would value the budget carrier, the largest regional airline in Europe, at about £240m.In a statement the company said the flotation proceeds would provide capital to grow its fleet of aircraft and strengthen its cash position to give it greater “strategic flexibility to pursue additional growth opportunities, including acquisitions.“A listing will assist Flybe in achieving the next stage in its … strategy for growth,” the airline’s chief executive Jim French said in a statement.Flybe focuses on short-haul and niche UK routes and carried more than seven million passengers last year. It bought BA’s regional UK business, BA Connect, in 2007 and BA owns 15 per cent of the company. It has tried to float on several occasions but tough market conditions have forced it to shelve the plans. It has hired Bank of America Merrill Lynch as sole global coordinator and bookrunner on the offer. alison.lock center_img Share Show Comments ▼ Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Tags: NULLlast_img

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