Originally Posted by
JobsaGoodun
Flybe is owned by Connect Airways of which VS own 30% and DL own nothing. I can imagine the holders of the other 70% simply want to bring stability and a chance of realising their investment back long before thinking about wild expansion plans or the possibility of investing in a new fleet.
Whilst Connect Airways bought Flybe cheaply, they’ve already likely invested tens of millions simply to keep it going. This is a business that has failed to make money for a number of years so I imagine any thoughts about re-fleeting in the coming 3/4 years are highly unlikely.
Delta own 49% of Virgin Atlantic and Air France/KLM 31%