Flybe Group PLC Flybe Agreement with Eastern Airways (2060H)
June 06 2017 - 2:01AM
UK Regulatory
TIDMFLYB
RNS Number : 2060H
Flybe Group PLC
06 June 2017
6 June 2017
Flybe Agreement with Eastern Airways
Flybe Group plc ("Flybe") announces that it has signed Heads of
Terms with Eastern Airways (UK) Limited ("Eastern") to establish a
new alliance:
1. a five-year franchise agreement in which Eastern will operate
its scheduled route network under the Flybe brand; and
2. a joint revenue and risk sharing agreement, covering four
Eastern aircraft, to fly existing Flybe branded routes from
Aberdeen, Edinburgh, Glasgow and Manchester. The four aircraft will
be operated under the Flybe franchise and significantly improve
connectivity for Scotland.
The aim is for contracts to be finalised and signed within the
next few weeks. However, tickets will go on sale immediately and
flights will start operating under the new arrangements from
September 2017.
Eastern is a well-established UK based regional airline, whose
head office is at Humberside Airport and who operates scheduled
domestic and short haul international services and private charter
services, with hubs at Aberdeen, Norwich, Teesside, Newcastle,
Southampton, Leeds, Cardiff and Paris.
Christine Ourmieres-Widener, Flybe CEO said "This alliance with
Eastern Airways is an excellent opportunity to strengthen the Flybe
network. We already operate flights at a number of common airports
and this will enable passengers to connect to a greater number of
destinations, across the UK and into Europe, all booked through
Flybe.com. Eastern will operate routes from Glasgow, Edinburgh,
Aberdeen and Manchester to offer an enhanced service to passengers
based in Scotland and travelling to Scotland. Combined with our
flights to Heathrow from Edinburgh and Aberdeen, this demonstrates
our strong commitment to serving Scotland.
Richard Lake, Chief Executive of Eastern Airways, said: "This
alliance will benefit both airlines as not only does it strengthen
Flybe's network, but broadens our distribution and enhances
connection opportunities for our customers through its global
airline association. We have specialised in fixed-wing flying in
the oil and gas market for many years and our expertise will
provide a greater opportunity to further develop offshore
connectivity to Flybe's network."
Notes to editor:
Flybe announced on 21 November 2016 that the franchise agreement
with Loganair to fly under the Flybe brand would be discontinued
from the end of August 2017. Eastern Airways will operate some of
these routes, namely Aberdeen-Sumburgh, Glasgow-Sumburgh,
Edinburgh-Sumburgh, Glasgow-Manchester, Aberdeen-Kirkwall, and
Glasgow-Stornoway under the Flybe franchise agreement from 1
September 2017.
In addition to the above routes, the Eastern scheduled network
to be available to book on Flybe.com from 1(st) of September will
include routes between Aberdeen, Norwich, Teesside, Newcastle,
Southampton, Leeds, Cardiff and Paris
Enquiries
Flybe Group Plc
Catherine Ledger
General Counsel & Company Secretary
Tel: +44 (0) 7590 003 420
Maitland
Andy Donald / Frederica Bendit
Tel: +44 (0)20 7379 5151
This information is provided by RNS
The company news service from the London Stock Exchange
END
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