Over the last 12 months there has been a shake-up among Europe’s regional carriers. SAS has sold Wideroe, Air France has created the amalgamated regional brand HOP! and put CityJet on the auction block, bmi regional has completed its first year as an independent, and UK regional Flybe has hit hard times. What is driving this change? SAS was forced to sell Norwegian regional Wideroe as a pure cash-generation exercise following its near-collapse late in 2012. It was a matter of ...

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