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Flybe Confirms London Gatwick Withdrawal

Posted 23 May 2013 10:51

UK low-fare carrier Flybe has followed last week’s announcement that it was in discussions to potentially sell 25 pairs of slots at London Gatwick Airport, with a formal statement to the London Stock Exchange that it has now reached a conditional agreement to transfer the slots to easyJet for £20 million at the end of the Northern Hemisphere winter schedule in late March 2014, ending a 22-year association with the London airport. The sale follows an extensive evaluation of...