UK-based regional airline Flybe has warned that its interim profits will be lower than expected, following an unexpected rise in maintenance costs in the first half of its financial year. In a statement issued to the London Stock Exchange Oct. 18, the Exeter-based carrier said that, following a detailed review of its aircraft maintenance activities, it had incurred higher than expected related costs in the first half. The rise in expenditure “reflects the drive to further improve the ...

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