FLYBE -Oshkosh George
I read your post re Why give £15 million of your business to BA,
I understand that BA are to gain 15% shareholding in the new enlarged Flybe/BAconnect business.
Flybe are gaining a whole new raft of services , staff and the withdrawl of BA. Surely you confused 15% with 15Million???
The overall details of the deal were not revealed . But it has been mentioned that BA will sell its shareholding in FLybe when the company goes on the SE.
BA obviously have confidence in Flybe's ability to remove cost from the business and make the new business a profitable one. Clearly JimFrench and his team have achieved alot in the last few years.