TITLE

Flybe feasts on BA's regional arm

AUTHOR(S)
Pilling, Mark
PUB. DATE
December 2006
SOURCE
Airline Business;Dec2006, Vol. 22 Issue 12, p24
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Great Britain-based low-fares regional flybe has more than doubled its business and operations with the bold acquisition of loss-making BA Connect. Just six months into a bid to turn around its regional airline business British Airways has forged a deal to sell virtually the entire operation to fast-growing flybe. BA Connect has not made a profit in the last five years, says BA chief executive Willie Walsh, who gave the carrier two years to break even starting 2007.
ACCESSION #
23524934

 

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