UK airline Flybe is set to launch an initial public offering (IPO) in December. Market rumours suggest the IPO will price the airline at £250 million, with some £60 million likely to be raised by the IPO. The cash is earmarked for European expansion potentially via acquisition. Swiss regional airline FlyBaboo has been touted as a possible acquisition target, as well as a Finnish airline as yet unidentified. Flybe also needs to fund its order for up to 140 Embraer E175 aircraft. Flybe’s major shareholders will not be selling their shares in the IPO. Rosedale Aviation Holdings controls 70% of

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