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Thread: Regions Abandoned - Ba Connect Being Sold To Flybe
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Old Nov 3, 2006 | 1:30 am
  #15  
Gaza
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Join Date: Feb 2000
Location: Edinburgh
Programs: Lowly BA Blue. One of the original easyJet Flight Club members and still am.
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Are flybe paying BA anything for this business? Or are they handing it over fully funded in return for a 15% stake in the enlarged company?

Originally Posted by flybe.com
BA will ensure that the new business has sufficient funding in order to achieve its growth targets and the transition out of the current BA Connect fleet. In return it will acquire a 15% stake in the new business.
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