Connect Airways confirms acquisition of Flybe

Connect Airways has received merger control clearance from the European Commission for its acquisition of Flybe, Propius and Stobart Air, so securing Flybe’s long-term future and providing more choice for customers across the UK.

As Connect Airways takes over the management control of the business, Mark Anderson, Connect Airways CEO along with the leadership teams from Flybe and Stobart Air will now focus on plans to grow the Flybe’s regional network, as well as expanding Stobart Air’s franchise business.

The merger will offer significant benefits to passengers in terms of providing a strong financial backing and expertise from Virgin Atlantic, Stobart Group and Cyrus. A wider choice through improved connectivity between the UK and regional airports and Virgin Atlantic’s extensive long-haul network, particularly at Heathrow and Manchester airports. An enhanced customer experience in line with the Virgin brand, which will also be introduced.

Lucien Farrell, chairman of Connect Airways said: “Today is an important day as Connect Airways takes full control of Flybe, bringing the team together with Stobart Air. Under Mark’s leadership, the company can create a world-class offering for customers, combining a highly successful franchise flying business with Europe’s largest regional airline.”

Mark Anderson, CEO for Connect Airways commented, “On behalf of Connect Airways, I couldn’t be more excited by the opportunity we have to build a strong platform in the UK and to grow our franchise flying operation in Ireland. Our whole team is focused on redefining the experience for our customers, as we rediscover the excitement and passion of being Europe’s largest regional airline.”

 

 

 

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