The company said the plan would help it to save about $6bn (£4.7bn).
Since hitting a price of nearly 50p in March this year, Flybe’s shares have fallen by more than three-quarters. On Friday, they jumped by nearly half to 14.3p.
Nissan has accused Mr Ghosn of “significant acts of misconduct”, including under-reporting his pay package and personal use of company assets.
Its share price has tumbled more than 20% since October, hurting other stocks and infecting the wider market.
The Dow Jones Industrial Average fell as much as 500 points, while the broader S&P 500 sank into negative territory for the year to date.
“Shocktober” market fall creates selective investment opportunities. Bull Market intact as global recession seen as unlikely.
DOWNLOAD PDF VERSION CURRENT OVERVIEW “Shocktober” is now in the rear view mirror but investors both at home and abroad have endured a difficult last trading month. The FTSE 100 index has had its worst monthly decline in 3 years and around $5 trillion has been wiped off the value of top companies trading worldwide. […]
At an emergency general meeting, more than 99% of shareholders backed a plan to issue £15m of new shares. However, investors harangued the chairman.