Stobart Group Confirms Additional $12M Flybe Capital Injection

Credit: Nigel Howarth/AWST
UK transport and infrastructure investor Stobart Group has provided £9 million ($12 million) in additional funding to cash-strapped UK regional airline Flybe, blaming delays in securing EU competition clearance as contributing to the airline’s current plight. Flybe’s assets were acquired in February...
Victoria Moores

Victoria Moores joined Air Transport World as our London-based European Editor/Bureau Chief on 18 June 2012. Victoria has nearly 20 years’ aviation industry experience, spanning airline ground operations, analytical, journalism and communications roles.

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