Flybe CEO Saad Hammad has stepped down, effective immediately, by “mutual agreement,” the UK regional airline said in a statement. “Both the board and Saad believe it is time for a new chief executive officer to lead the next phase of Flybe’s long-term development,” Flybe said, announcing the leadership change to the stock exchange Oct. 26. Flybe non-executive chairman Simon Laffin has taken on the role of executive chairman until a successor is found. Hammad ...

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