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 ...

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