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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Flybe Grp | LSE:FLYB | London | Ordinary Share | GB00B4QMVR10 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.964 | 0.964 | 0.99 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMFLYB
RNS Number : 5077P
Flybe Group PLC
01 September 2017
Flybe Group Plc
1 September 2017
Flybe Agreement with Eastern Airways commences
Further to the announcement on 6 June, Flybe Group plc ("Flybe") is pleased to announce the start of its alliance with Eastern Airways (UK) Limited ("Eastern").
Flybe and Eastern have signed a joint revenue and risk sharing agreement, covering four Eastern aircraft, to fly existing Flybe branded routes from Aberdeen, Edinburgh, Glasgow and Manchester. These flights start today, and will significantly enhance connectivity in Scotland.
The separate five year franchise agreement, in which Eastern will operate its scheduled route network under the Flybe brand, will commence on 29 October 2017 and tickets will be on sale for those flights early this month.
Christine Ourmieres-Widener, Flybe CEO said "Flybe is delighted to start operations with our new franchise partner, Eastern Airways. The flights, both under the franchise and risk-sharing agreements, demonstrate our long-term commitment to Scotland and provide much needed choice on some of the lifeline routes so critical to the Scottish Highlands and Islands. Flybe and Eastern together also offer a wealth of onward connections to the UK and the rest of the world and we look forward to welcoming passengers on board".
ENDS
Enquiries
Maitland +44 (0) 207 379 5151
Andy Donald
This information is provided by RNS
The company news service from the London Stock Exchange
END
AGRUAONRBOAWOAR
(END) Dow Jones Newswires
September 01, 2017 02:00 ET (06:00 GMT)
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