Flybe is undertaking a comprehensive review of the various strategic options, which includes a full sale as well as further capacity and cost saving measures. Evercore has been appointed as the airline’s financial adviser to assist it with this review and possible sale. Flybe has confirmed that it is in discussions with a number of strategic operators about a potential sale of the company. The carrier posted a fall in its half yearly net profits today of 54% to £7.4 million for the six months to end September 2018. Revenues also fell by 2.4% to £409.2 million for the period.

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