Flybe in joint venture to buy Finish airline

From the Financial Press. which might be of interest:-

Loss-making airline Flybe pressed ahead with expansion plans as it entered in to a joint venture to buy a Finnish airline for €25million.
Flybe, which yesterday reported a £4.3million loss in its maiden annual results, has agreed to buy Finnish Commuter Airlines (FCA), in partnership with Finnair,

Finland’s flag carrier. Shares in the airline were up 10.4p, or nearly 6%, to 194.4p.