UK-based Flybe continues to make progress on its dual-track strategy of reducing capacity and developing routes, the regional carrier said July 26. In a 1Q trading statement, the Exeter-based airline reported that revenue for the quarter ending June 30 inched ahead, to £191.2 million ($251.9 million), compared to its restated 1Q 2017-18 figure of £189 million. Flybe does not issue profit figures in its 1Q and 3Q result announcements, limiting these to its half- and full-year ...

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