UK long-haul carrier Virgin Atlantic has confirmed it is “reviewing its options” over a possible bid for Exeter-based UK regional airline Flybe, which has also confirmed that discussions are underway. Earlier this month, Flybe said it was seeking a buyer as part of a strategic review, adding that talks have begun with interested parties. Flybe has been slimming its operations for some time, as it attempts to divest itself of a surplus of aircraft and unprofitable routes. On top ...

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