Stobart Group Joint Venture Receives Green Light for Flybe Acquisition for £ 2.8 Million

Warwick Brady, of Stobart Group Ltd (LON: STOB), tells Andrew Scott of Proactive London, the joint venture between Stobart, Virgin Atlantic and Cyrus Capital's hedge fund of New York, Cyrus Capital, has received the award. Authorization of European regulators to take over Flybe at £ 2.81

Flybe sold its badets and operations to Connect Airways in February.