UK-based regional carrier Flybe has reported revenue of £152.7 million ($236.9 million) in its 2015-16 first quarter, up 9.8% compared to revenue of £139.1 million in the year-ago period. Flybe said it was “a positive start” to the financial year. Flybe only releases profit figures in its half-year and full-year results. Passenger numbers were up 9.8% at 2.1 million, but this was outstripped by a 12.3% increase in capacity, resulting in a load factor that dropped ...

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