Flybe Bombardier Q400. Courtesy, Flybe UK-based Flybe will cut 300 jobs as part of a £35 million ($55.5 million) restructuring plan to return the group to profitability by 2013-14. In June 2012, Flybe reported a £6.4 million post-tax loss for the year ending March 31, 2012, compared to a £3.8 million profit for the preceding year. In a stock market announcement, Europe’s largest regional carrier said it needs to take “significant actions” to ...

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