UK regional airline Flybe has posted a £6.8 million ($9.9 million) net profit for its full 2015-16 financial year, reversing a £35.7 million prior-year net loss. “We achieved profitability for the first time as a public company, following losses in every year since Flybe’s stock market flotation in 2010,” Flybe CEO Saad Hammad said. “Flybe is now a much more resilient business and well positioned for profitable growth.” Flybe is two years in to its ...

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