UK-based regional airline Flybe is feeling the benefits of a renewed focus on operating costs and fleet trimming. In a 3Q trading update of its 2017-18 financial year, the airline reported a 7.4% rise in revenue, to £172.8 million ($244.8 million), up from £160.8 million for the year-ago period. Passenger numbers were up 8.1% at 2.3 million; combined with a 4.2% drop in capacity at 3 million seats, which resulted in a load factor of 75.8%, up from 67.2% a year ago. Passenger ...

Subscribe to Access this Entire Article

"Flybe making ‘strong progress’ on improvement plan" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.