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Digby Jones steps down from Flybe board

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Wednesday, March 13, 2013
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Flybe has announced that a high profile non-executive director has stepped down from its board, less than 12 months after he was appointed.

The Exeter-based airline said that former CBI director general Digby Jones – who became  Lord Jones of Birmingham in 2007– has stepped down with immediate effect to concentrate on his other business interests.

Flybe's chairman and chief executive Jim French said: "I'd like to place on record my thanks to Digby for his important contribution to the board, in particular his commitment to the UK regional agenda and his support for skills training. All of us at Flybe wish him well for the future."

Lord Jones was appointed to his independent role on the  Exeter-based airline's board in April last year.

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Among his numerous other roles and business interests, Lord Jones is chairman of Triumph Motorcycles, deputy chairman of Unipart's consultancy division and chairman of Grove Industries. He is a corporate advisor to JCB, chairman of Babcock International's Emergency Services Advisory Board and a corporate ambassador for Jaguar Cars.

Analysts anticipate Flybe to report pre-tax losses of around £17 million in its full year results to March 31, with the airline currently focused upon implementing a £35 million cost-savings exercise across the group.

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