Flybe Ireland to be created

Flybe has agreed to pay Ryanair €1 million to create an Irish carrier to be called Flybe Ireland but only in the event of a successful bid by Ryanair for Aer Lingus. Flybe has also confirmed that it had reached contractual agreement with Ryanair over the transfer of a number of aircraft and operating routes as part of a package of concessions that Ryanair has submitted to the European Commission, in the context of its offer for Aer Lingus. If Ryanair acquired Aer Lingus it would transfer to Flybe Ireland: 43 European routes; a minimum of 9 Airbus A320 aircraft;