Flybe chief executive Saad Hammad has taken advantage of this week's fall in the Exeter-based airline's share price to increase his stake in the company.
Mr Hammad bought 15,000 shares for 66.26p each on Friday, January 30, taking his total shareholding to 287,472.
It comes after the airline's share price fell in the wake of a disappointing trading update on Monday.
Last week Flybe shares were changing hands for 90p, having started the year at 109p.
The airline's share price topped 340p in January 2011.
