Flybe prepares for stock market float
It’s interesting to see FlyBe preparing for a stock market flotation with a company valuation of £300 million. If you’ve never heard of them (I guess if you’re out of Europe they’ll be new to you), they’re a discount airline which has spread from humble roots to routes all over Europe.
Their website is quite intuitive, after all, you’re not looking for a life insurance online quote, but they do try to attach extra charges for everything but the kitchen sink along the way. Still, the market must be loving it, if they think there’s so much value.
They’ve tried to get off the ground twice already, well, you know what they say, third time lucky. We’ll see how the market plays this one.