DBEA55AED16C0C92252A6554BC1553B2 Clicky DBEA55AED16C0C92252A6554BC1553B2 Clicky
July 17, 2024
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Flybe, the largest airline by passenger volume at Birmingham Airport,  confirmed it is in talks with Virgin Atlantic about a potential takeover bid. Earlier this week Flybe announced it was considering a sale of their business. The Virgin news sent Flybe’s shares soaring this morning.

The asset Virgin must be looking at would be feed and distribution traffic and, of course, Heathrow and London City slots.  Flybe’s capital value now is ~£21m or $27m at today’s rate.  Hardly a large sum for a working airline.  Moreover, it’s not just Virgin one should be looking at.  The money behind Virgin these days is Delta Air Lines.

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Addison Schonland
Co-Founder AirInsight. My previous life includes stints at Shell South Africa, CIC Research, and PA Consulting. Got bitten by the aviation bug and ended up an Avgeek. Then the data bug got me, making me a curious Avgeek seeking data-driven logic. Also, I appreciate conversations with smart people from whom I learn so much. Summary: I am very fortunate to work with and converse with great people.