FR - you may be interested to know that Rosedale / Jack Walker Trust hold approx 48.1% of the shares as of 1st June 2012 and not 69%
I grant you however that even though 48.1% is technically a majority, it would be extremely difficult to mount any kind of takeover bid for Flybe without Rosedale's consent
BA also has (had) a shareholding on approx 16%.