The EU Commission clears a merger subject to remedies in the market for air transport of passengers (Flybe / Connect Airways)

Mergers: Commission approves the acquisition of Flybe by Connect Airways, subject to conditions* The European Commission has approved, under the EU Merger Regulation, the acquisition of UK regional air carrier Flybe by Connect Airways, a consortium by Virgin Atlantic, Stobart Aviation and Cyrus. The decision is conditional on full compliance with commitments offered by Connect Airways. Today's decision concerns the proposed acquisition by Connect Airways of (i) Flybe, (ii) Propius Holdings Ltd (“Propius”, Stobart Aviation's aircraft leasing business) and (iii) Stobart Air Unlimited Company (“Stobart Air”, Stobart Aviation's operating airline business). Connect Airways is a consortium founded by Virgin Atlantic, Stobart Aviation and Cyrus. Through the consortium, the three companies

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European Commission, The EU Commission clears a merger subject to remedies in the market for air transport of passengers (Flybe / Connect Airways), 5 July 2019, e-Competitions Bulletin July 2019, Art. N° 91055

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