FlyBE Chairman Jim French said the group expects to post an operating profit of about £10 million ($17.7 million), its first in five years, for the year ended March 2005 compared to an operating loss of £9.8 million in the previous year. Pre-tax profit should come in at £8 million, up from £2.9 million. The airline appointed Dresdner Kleinwort Wasserstein as financial adviser to lead a possible IPO late next year or in 2007, the Financial Times reported. The UK ...

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