Flybe may sell off its London Gatwick slots, citing challenges for small operators
Photo Credit: A Flybe aircraft headed to the Shetland Islands. Flickr / Karen Bryan
Skift Take
This highlights the gulf that separates regional budget carriers like Flybe and the budget heavyweights like Ryanair and easyJet.
Flybe Group Plc rose as much as 21 percent, leading advancing stocks on the FTSE All-Share Index, after Europe’s biggest regional airline said it’s in talks to sell take-off and landing slots at London Gatwick airport.
Negotiations are taking place “with a number of parties,” the Exeter, England-based airline said in a statement today. “Discussions are ongoing and there can be no certainty as to whether any transaction will be forthcoming.”
Flybe shares were up 13 percent at 59 pence, the highest intraday pr
