UK-based regional carrier Flybe recorded a net profit of £26.8 million ($40.7 million) for the first half of its 2015/16 financial year, compared to a loss of £3.4 million in the year-ago period. Revenue was up 10.3% to £339.6 million compared to £307.8 million a year ago. “Our turnaround is on course with a very encouraging performance in the first half,” Flybe CEO Saad Hammad said. “We have returned to profit by delivering significant revenue ...

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