UK regional carrier Flybe has voiced the board’s “full confidence” in chairman Simon Laffin, after key shareholder Hosking Partners demanded Laffin’s removal and a probe into Flybe’s sale process. On Jan. 11, Flybe announced a £2.2 million ($2.9 million) takeover offer by Connect Airways, an acquisition vehicle owned by Virgin Atlantic, Stobart Group and Cyrus Capital. The £0.01 per-share deal for the whole of Flybe Group was accompanied by a ...

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