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US-based MESA Air Group puts an offer to Flybe

Wed, 20 Feb 2019

A US airline is backing a deal to secure the future of Flybe.

Arizona based Mesa Air Group is part of a consortium which has put forward a £65M equity offer.

It would be accompanied by new debt facilities and potential asset sales, which in total would provide new funding worth £120M.

Stobart Air has operated Flybe routes to and from the Isle of Man for a number of years, mostly to Liverpool and Manchester with a daily flight to Birmingham, but that deal ends on 31st March.

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