Flotation values Flybe at £215m

Flotation values Flybe at £215m

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Flybe's stock market flotation valued the group at around 215 million pounds

Regional airline Flybe took off with its stock market flotation valuing the group at around £215 million.

The carrier, which is Britain’s biggest domestic airline, priced its shares at 295p each in conditional dealings for its market debut.

But Flybe is facing the threat of industrial action from more than 700 pilots after a union accused it earlier this week of ignoring pay concerns and putting all its resources into the flotation.

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