Flybe in talks with Ryanair over potential routes deal
Flybe has played down speculation about a possible deal with Ryanair to take over some of its routes but confirmed that talks are ongoing.
It is understood that in an effort to allay competition concerns relating to its bid for Aer Lingus, Ryanair is exploring options for transferring some aircraft and scheduled services in and out of Ireland to other operators.
As part of a turnaround plan unveiled yesterday, Flybe aims to increase the amount of outsourced work – including contract flying – it does for other airlines.
In a statement to the stock exchange, the Exeter-based company said: "Flybe confirms that it is in discussion with Ryanair about the possible transfer of a number of aircraft and operating routes as part of a package of concessions Ryanair has submitted to the European Commission.
Business Cards From Only £10.95 Delivered www.myprint-247.co.ukView details
Our heavyweight cards have FREE UV silk coating, FREE next day delivery & VAT included. Choose from 1000's of pre-designed templates or upload your own artwork. Orders dispatched within 24hrs.
Terms: Visit our site for more products: Business Cards, Compliment Slips, Letterheads, Leaflets, Postcards, Posters & much more. All items are free next day delivery. www.myprint-247.co.uk
Contact: 01858 468192
Valid until: Wednesday, May 22 2013
"These discussions, however, are non-binding and non-exclusive. Additionally, the discussions are also highly conditional given the status of Ryanair's offer, the uncertainty of the outcome of the Commission's deliberations and the expected lead times around any implementation of the proposed remedies."