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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Flybe Group PLC    FLYB   GB00B4QMVR10

FLYBE GROUP PLC (FLYB)
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Flybe : UK union Unite looks for job assurances on Flybe takeover deal

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01/11/2019 | 07:17am EST

(Reuters) - Britain's biggest labour union Unite said http://bit.ly/2H8aJHD on Friday it would have an urgent meeting with the new owners of airline Flybe Group Plc to seek assurances on future job security for its more than 460 members.

Richard Branson's Virgin Atlantic teamed up with Stobart Group and Cyrus Capital to buy Flybe for $2.8 million (£2.2 million), aiming to rebrand the struggling British regional carrier and use it to feed customers to its long-haul flights.

(Reporting by Noor Zainab Hussain in Bengaluru; Editing by James Emmanuel)

Stocks mentioned in the article
ChangeLast1st jan.
FLYBE GROUP PLC 10.19% 1.8016 Delayed Quote.-90.38%
STOBART GROUP LTD -1.12% 159 Delayed Quote.11.36%
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Financials (GBP)
Sales 2019 744 M
EBIT 2019 -16,9 M
Net income 2019 6,00 M
Debt 2019 47,2 M
Yield 2019 -
P/E ratio 2019 0,61
P/E ratio 2020 0,22
EV / Sales 2019 0,07x
EV / Sales 2020 0,03x
Capitalization 3,54 M
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Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 1
Average target price 0,30  GBP
Spread / Average Target 1 735%
EPS Revisions
Managers
NameTitle
Christine Ourmieres-Widener Chief Executive Officer & Executive Director
Simon Timothy Laffin Non-Executive Chairman
Timothy Anderson Chief Operating Officer
Ian Milne Chief Financial Officer & Director
Elizabeth McMeikan Senior Independent Director
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