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Virgin Atlantic swoops on troubled Flybe with £2.2m bid11 Jan 5:36am

Virgin Atlantic swoops on troubled Flybe with £2.2m bid

The Guardian
Shares in regional airline fall 90% after consortium led by Virgin offers cut-price deal Flybe has recommended shareholders accept a cut-price £2.2m takeover offer from a consortium led by Virgin Atlantic, after the regional airline struggled with rising fuel costs, currency volatility and political uncertainty. Virgin,
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