BA Connect to be sold off to Flybe

Flybe and BA have confirmed that BA Connect is to be sold off to Flybe thus creating Europes largest regional airline. BA said that increasing fuel costs and the increased security restrictions had resulted in the sell off. BA will maintain a 15% ownership of the new airline and will still operate MAN-JFK and all routes out of LCY.
Flybe will now increase its fleet renewal programme and try to get rid of the BA Connect aircraft ASAP. No news on when the actual sale will take place.
More info at http://www.flybe.com/next_gen/default.htm.
Rather surprised by this one, it makes sense but there was nothing on the rumour mill, so must have been a bit of a shock (normally rumours on a.net and pprune).
Will be excellent news for Flybe as will open up a lot of business cities, Rome, Milan, Berlin etc etc.
Any thoughts?
Flybe will now increase its fleet renewal programme and try to get rid of the BA Connect aircraft ASAP. No news on when the actual sale will take place.
More info at http://www.flybe.com/next_gen/default.htm.
Rather surprised by this one, it makes sense but there was nothing on the rumour mill, so must have been a bit of a shock (normally rumours on a.net and pprune).
Will be excellent news for Flybe as will open up a lot of business cities, Rome, Milan, Berlin etc etc.
Any thoughts?