Flybe – buffeted by fuel prices and weak pound – goes up for sale

Budget airline in discussions over sale, easyJet and Stobart Group among possible buyersThe budget airline Flybe has put itself up for sale as a cocktail of rising fuel prices, the weaker pound and lower demand weigh on profits.Stobart Group and easyJet are among the contenders for all or part of Flybe’s business, after the Exeter-based airline said it is in discussions with a number of strategic operators about a potential sale of the company, in a statement to the stock market. Continue