The UK's Dart Group operates a supermarket logistics business (Fowler Welch) and a holiday airline serving the UK market north of the Midlands (Jet2).
It is a favorite of the value blogosphere. It has been comprehensively covered here, here, here, and even here.
This is the bird's eye view of Dart:
It seems extravagantly mispriced at a market capitalization of £107 million.