Britain's Stobart invests £9 million in regional airline Flybe
Share:
(Reuters) - British infrastructure company Stobart Group said on Thursday it would provide 9 million pounds in new funding for Flybe, the privately owned regional airline that was rescued from a collapse by the UK government this week.Stobart said it had already invested 45 million pounds in Connect Airways, a consortium comprising the London-listed company, Cyrus Capital and Richard Branson's Virgin Atlantic, which acquired the assets of Flybe last year.Flybe was rescued on Tuesday after the..