Tag: Connect Airways

Newly-Formed Consortium Rescues Struggling Flybe

Reading Time: < 1 minute A consortium of Virgin Atlantic, Stobart Group and Cyrus Capital is purchasing the struggling UK regional airline Flybe for just $2.8 million. The airline will operate under the Virgin Atlantic brand. To be more precise, Flybe is being bought by Connect Airways, a joint venture company established by Virgin Atlantic, Stobart Group and Cyrus Capital. […]