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    Flybe sold to consortium

    A deal to sell airline Flybe to a consortium has been confirmed.

    An agreement was reached yesterday with Connect Airways who now take charge of its assets and operations.

    The Exeter-based airline runs several services to and from the Island including Liverpool and Manchester.

    The Connect Airways consortium includes Virgin and Stobart Group.

    A meeting of shareholders to finalise the purchase will take place on March 4.

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