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British Airways writes down its stake in Flybe


British Airways (BA) wrote down the value of its 15% share in Flybe by GBP13 million at the end of May-2009, to approximately GBP30 million, suggesting the LCC’s overall value is currently GBP200 million. BA acquired Flybe in 2006, as part of its sale of BA Connect. [789 words]

Unlock the following content in this report:


  • Takes delivery of 50th Bombardier Q400 aircraft
  • Expands operations to London Gatwick Airport

Graphs and data:

  • Flybe Fleet (as at 04-Jun-09)
  • London Gatwick Airport capacity share by carrier (week commencing 01-Jun-09)
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