Flybe gives 'cautious welcome' to Gatwick sale
Flybe has given a "cautious welcome" to the sale of Gatwick Airport to Global Infrastructure Partners (GIP).
Airport operator BAA announced this week that it had agreed to sell Gatwick to the investment fund for £1.51 billion.
Mike Rutter, Flybe's chief commercial officer, pointed out that the airline is the biggest domestic carrier at the London base and can therefore speak "with some knowledge" about the importance of the airport in connecting the capital to UK regions.
He added: "Over the years, the airport's mission has changed and this sale represents a real opportunity for the new owners to strengthen Gatwick's position as the champion of short-haul and European flying.
"GIP would be making a fatal mistake if they try and chase trophy airlines promising glamorous long-haul destinations. That's not the future - Gatwick's growth lies with efficient, environmentally sensitive, well-managed and stable airlines like Flybe."
Mr Rutter also said that the carrier looks forward to Gatwick Airport losing its reputation for high charges.
The sale of the hub is set to be finalised in December.
Posted by Clare, 22 October 2009 12:45
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