sharholder

Flybe's majority shareholder sells entire stake

The majority shareholder of Exeter based airline Flybe has sold its entire shareholding.

The 48.1% stake owned by the Walker Family Trust through Rosedale Aviation Holdings Ltd was sold for £25.2m.

The move marks the end of a long standing relationship between the airline and the Walker family.

Late steel magnate and former owner of Blackburn Rovers Jack Walker bought...