Flybe, Europe’s largest regional airline, recorded a reduced net loss for the 2017-18 financial year, with the company CEO reporting most parameters improving. The Exeter, UK-based company turned in a reported net loss of £9.4 million ($12.4 million), narrowed from a loss of £55.3 million for 2016-17. The latter figure was restated from £26.7 million as a result of a non-cash onerous lease provision on aircraft and impairment of related assets. The Flybe Group, ...

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