Flybe is in difficult times: its CFO has just resigned; the airline is in transition; and the pound has fallen sharply against the dollar. But, as mentioned three years ago, I believe that the future of Flybe depends on bold fleet management, which is already in progress. Stage one, saw Embraer assist Flybe in cancelling orders and leasing turboprop aircraft. Indeed, Embraer arranged a swap of FlyBe’s E175 positions with Republic in the US in 2014. A renewed focus on rationalizing the fleet to concentrate on core profit routes will be key to the survival of the largest regional airline

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