FLYBE AND FINNAIR LAUNCH JOINT VENTURE

Dino D'Amore
By Dino D'Amore July 4, 2011 08:35

FLYBE AND FINNAIR LAUNCH JOINT VENTURE

UK airline Flybe and Finnish airline Finnair are joining forces to buy Finnish Commuter Airlines (FCA), Finland’s largest domestic air carrier by number of flights FCA will cost €25 million. Flybe will pay €12 million for a 60% stake in the airline, while Finnair will pay the remaining €13.

The new airline will be called Flybe Nordic and the holding company board will be comprised of three representatives from Flybe and two from Finnair.

Dino D'Amore
By Dino D'Amore July 4, 2011 08:35
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