Flybe put up for sale after issuing profits warning

Flybe put up for sale after issuing profits warning

Flybe has been put up for sale and issued a profits warning citing various problems in the market.

It sent UK shares tumbling down 40 percent, amid more gloomy forecasts

It cited weakening demand, higher fuel costs and a weaker British pound as reasons for its forecast of a substantially larger loss for the current financial year.

Passengers with pre-booked flights won't be affected. 

Published: by Radio NewsHub
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