Walker family sells Flybe shares

Press Association
FLYBE to axe jobs
FLYBE to axe jobs

Embattled regional airline Flybe saw the end of an era today when the family trust of late steel magnate Jack Walker sold its entire shareholding.

The Walker family trust, which took on the assets of the northern businessman and former Blackburn Rovers football club owner, was the majority shareholder of Flybe through Rosedale Aviation Holdings before offloading its 48.1% stake for £25.2 million.