Following our statement on 23 November 2018, Virgin Atlantic confirms that we continue to review our options in respect of Flybe, including potentially making an offer for Flybe. Discussions with Flybe and its management are continuing. Virgin Atlantic emphasises there can be no certainty that any offer will be made nor as to the terms upon which any offer may be made.
In accordance with Rule 26.1 of the Code, a copy of this announcement will be available at https://www.virginatlantic.com/gb/en/media-centre.html by no later than 12 noon (London time) on 20 December 2018. The content of the website referred to in this announcement is not incorporated into and does not form part of this announcement.
N.M.Rothschild & Sons Limited ("Rothschild & Co"), authorised and regulated by the Financial Conduct Authority in the United Kingdom, is acting exclusively for Virgin Atlantic and for no one else in connection with the subject matter of this announcement and will not be responsible to anyone other than Virgin Atlantic for providing the protections afforded to its clients or for providing advice in connection with the subject matter of this announcement.
For record – Virgin Atlantic statement on 23 November 2018: “Virgin Atlantic notes the recent media speculation related to Flybe. Virgin Atlantic has a trading and codeshare relationship and confirms that it is reviewing its options in respect of Flybe, which range from enhanced commercial arrangements to a possible offer for Flybe. Virgin Atlantic emphasises that there can be no certainty that an offer will be made nor as to the terms of any offer.”