PPRuNe Forums - View Single Post - Flybe to buy BMI?
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Old 28th Sep 2009, 10:37
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wobble2plank
 
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Now that would be an interesting acquisition. Especially as BA owns a 15% stake in Flybe as negotiated as part of the BA Connect deal.

Flybe is 69 percent owned by the family trust of founder shareholder Jack Walker, with French controlling 7 percent, British Airways owning 15 percent and staff and management holding 9 percent.

French said British Airways will have done well from its shareholding, which it took as part of the BA Connect deal.
Perhaps not so simple a buyout unless BA took the LHR operation and Flybe the regional and BMI Baby.

Pure speculation obviously.
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