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Update on Acquisition

1st Aug 2011 15:53

RNS Number : 5133L
Flybe Group PLC
01 August 2011
 



 

 

Flybe Group plc

("Flybe" or "the Group")

  

Update on Acquisition of Finnish Commuter Airlines in Joint Venture with Finnair

Further to the announcement on 1 July 2011 of the acquisition of Finnish Commuter Airlines by Flybe Nordic AB, a new joint venture with Finnair, Flybe is pleased to announce that the necessary competition clearances have now been received from the relevant authorities.

The transaction will now move to completion, which is expected within the next two to three weeks. Flybe will update the market in due course.

 

1 August 2011

 

Enquiries:

 

Flybe

Tel: +44 20 7457 2020

Jim French, Chairman & Chief Executive Officer

Andrew Knuckey, Chief Financial Officer

Niall Duffy, Director of Communications

 

College Hill

Tel: +44 20 7457 2020

Mark Garraway

Helen Tarbet

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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