Lower profit warnings at UK-based regional airline Flybe proved accurate as the company’s  half-year FY 2017/2018 results showed an adjusted profit before tax for the six-months ending Sept. 30 of £8.4 million ($11.3 million), down 7.5% from £15.9 million in the year-ago period. Flybe saw an 11.7% rise in costs to £410.1 million over the first half of its fiscal year. “The £5.4 million one-off onerous IT contract provision, the ...

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