Flybe mulls sale of Gatwick slots

AOL Money Staff

Struggling regional airline Flybe is in talks to raise vital funds by selling runway slots at London Gatwick airport in a move which could hand a further boost to budget carrier easyJet.

The potential sell-off sent Exeter-based Flybe's shares soaring more than 20% on hopes of a much-needed cash injection of up to £20 million, should it sell all its 25 take-off and landing slots at Gatwick.%VIRTUAL-SkimlinksPromo%