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| A Flybe plane (Image: Getty Images) |
Stobart Group walked away from a bid for Flybe in March after the two firms failed to agree terms.
Under-pressure regional airline Flybe is in talks about a possible sale of the group weeks after warning over profits.
The carrier said it is also looking at cutting further costs and flight capacity as it battles challenging conditions in the airline industry.
The group is in talks with a number of "strategic operators" about a potential sale and has hired Evercore as adviser to help with the review and sale process.
It comes weeks after Flybe warned over profits following falling demand and a £29m hit from rising fuel costs and the weak pound.
By Holly Williams & Shelina Begum.
Full story at Manchester Evening News.
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