flybe to list on London exchange; sights set on further European growth

flybe, Europe’s largest regional airline and the UK’s largest domestic airline, announced its much-awaited and delayed plans to list on the London Stock Exchange (FLYB.LN) following an IPO to finance its fleet expansion and acquisition strategy. The offer is expected to raise GBP60 million, which is generally less than expected, valuing the carrier at an estimated GBP200 million.

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