The beginning of the end of Flybe as an independent airline may be in sight after the regional carrier to put itself up for sale.
Only a month after Flybe issued another profit warning, prompting a further slide in the share price, it told the stock exchange that it was inviting interested parties to make a takeover approach to its investment bank advisers at Evercore.
Investors expressed shock that Flybe had announced its decision to put up a “for sale” sign, saying that the move indicated that attempts to find a buyer had failed.
The airline admitted that it had already talked to “a number of strategic operators”. Although Christine Ourmières-Widener, chief executive for the past 22 months, declined to define what “strategic operators” meant,…