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Home Location Jersey

Ports of Jersey issues statement regarding potential FlyBe sale

January 13, 2019
in Jersey

43289929 - silhouette of a man waiting to board a flight

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The Ports of Jersey has issued a statement in relation to the potential sale of Flybe to a partnership between Virgin Atlantic and the Stobart Group.

The news was announced last Friday.

“The announcement of a potential sale of Flybe is positive news in light of the recent challenges faced by the airline. It provides Flybe with future stability to continue to operate its extensive regional network, which includes Jersey thanks to the financial support and investment promised by a major consortium.

“In terms of how this potential transfer of ownership will impact on the airline’s future relationship with Jersey, negotiations are still in the early stages and therefore, it is not appropriate for us to speculate.

“Ports of Jersey has yet to have any formal discussion with the airlines and businesses involved and would not expect to have, given the fact that the proposal has yet to be approved by the Flybe shareholders and financial markets.

“In the meantime, Ports of Jersey will continue to support Flybe, with whom we have enjoyed an excellent working relationship with for many years. We wait with interest as this process unfolds and our Route Development team will be happy to have discussions with any new owners at the appropriate time.”

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