The shareholders approved (99.72% in favour) Flybe moving from a a premium listing to a standard listing on the stock market late last year. The change was proposed by the Flybe board on the same day the plc was effectively put on the market in November. When completed, the change enables the board to sell or divest assets of the plc without needing to gain shareholders' approval. As a consequence board has decided to sell Flybe Limited, Flybe Aviation Services Limited, and Flybe.com Limited (all previously parts of the plc), to Connect Airways.