Rosedale Aviation Holdings has sold its 48.1% stake in UK regional airline Flybe to institutional investors, marking its exit from the airline, which is going through a major restructuring. “Flybe received notification from Rosedale Aviation Holdings on 12 November 2013 that, on the same date, Rosedale sold a total of 36,146,250 existing ordinary 1 pence shares of Flybe,” Flybe said in a stock market declaration. Rosedale Aviation Holdings is the family trust of Jack ...

Subscribe to Access this Entire Article

"Flybe’s largest investor sells its 48.1% stake" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.