Flybe to acquire BA Connect (Airports & Routes)
"Flybe announces that it has reached agreement in principle with British Airways whereby it will acquire British Airways’ BA Connect regional airline business, subject to a number of conditions precedent including the completion of due diligence."
Jim French on Today when pressed about job losses (BA connect has 1900 staff, Flybe 1800) said it might be nearer 'hundred' rather than 'hundredS'.
Press release also states:
Flybe plans to accelerate its current fleet renewal programme and will phase out all of the existing BA Connect fleet as soon as possible.