UK regional carrier Flybe will be rebranded as Virgin Atlantic under a £2.2 million ($2.81 million) takeover deal announced Jan. 11 by a consortium comprising Virgin Atlantic Ltd., Stobart Group and Cyrus Capital. Exeter-based Flybe said in November that it was seeking a buyer. The airline had run into financial difficulty as a result of high fuel costs, currency fluctuations and the uncertainty surrounding the UK's planned exit from the European Union. Virgin Atlantic confirmed ...

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