UK regional airline Flybe has reported an increase in passenger revenue by nearly 10% with load factors of 75%, citing its deep restructuring plans during which it dropped loss-making routes, cut capacity by 17.2%, shed 1,100 jobs and disposed of surplus fleet. The airline has returned to profit for the first time in four years, by recording a pre-tax profit of £8.1 million. Chief executive Saad Hammad said: “We have achieved a significant amount in the quarter, with substantially more to do in the months ahead.”

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In