21 Mar 2016 08:14
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Don't have an account? Click here to register.Flybe appoints former CityJet boss as CEO, announces new routes
Tue, 20th Dec 2016 08:50
(ShareCast News) - Budget airline Flybe has appointed former CityJet boss Christine Ourmieres-Widener as its chief executive officer with effect from 16 January.Ourmieres-Widener started her career in the maintenance department of Air France and between 2010 and 2015 she was the CEO of CityJet. Since then, she has been chief global sales officer for American Express Global Business Travel.Executive chairman Simon Laffin said: "We are delighted that Christine is joining Flybe at what a very exciting time for the company, as we transition to become an increasingly customer-driven business. Christine brings extensive experience of aviation and travel, as well as deep knowledge of the UK regional aviation market, which will be extremely valuable to Flybe."The company also announced that it will be heading to Heathrow for the first time next year, launching new routes between Scotland and the London airport, with more than 40 scheduled flights a week from Aberdeen and Edinburgh.The route expansion means that with effect from 26 March, Flybe will offer up to 18 flights a day between London and Edinburgh and 10 between London and Aberdeen.Laffin said: "The new routes to Heathrow complement the existing ones we operate to London City, and will benefit our business customers and customers in Scotland who want to connect with our long haul codeshare partners."At 0900 GMT, the shares were down 0.15 to 40.97p.
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28 Jan 2016 11:21
Flybe flies lower as revenue per seat slides
(ShareCast News) - Low-cost regional airline Flybe flew lower on Thursday after it said it took a hit from the terror attacks in Paris in November. In a trading update for the three month period from 1 October to 31 December 2015, the company said passenger revenue per seat fell 6.1% to £46.61 compa
Read more11 Nov 2015 11:37
Flybe puts profit on the radar as turnaround plan kicks in
(ShareCast News) - Flybe swung to a profit in the first half of the year as the budget airline's turnaround plan begins to bear fruit. For the six months to end of September, it posted a pre-tax profit of £22.9m compared with a loss of £3.3m in the same period last year as it cut costs and added new
Read more11 Nov 2015 11:25
UPDATE 1-Flybe's turnaround plan yields first-half profit swing
(Adds CEO comment, analyst comment, share price) LONDON, Nov 11 (Reuters) - British regional airline Flybe Group was upbeat ahead of the traditionally slacker winter travel period after its turnaround plan returned it to profit in the first half. Flybe, whose routes connect UK regiona
Read more11 Nov 2015 07:19
Flybe Group swings to H1 profit
LONDON, Nov 11 (Reuters) - British airline Flybe Group swung to a profit in the its financial first-half, after it grew its UK regional business, cut costs under a turnaround plan and benefited from a lower fuel price. The company reported pretax profit of 22.9 million pounds ($34.70 mill
Read more4 Nov 2015 16:41
13 Oct 2015 08:39
Flybe's second quarter revenue takes off
(ShareCast News) - Budget airline Flybe said it was continuing its turnaround as it posted double-digit growth in passenger numbers and revenue. In the second quarter of its financial year, the carrier posted a 10.7% year-on-year increase in passenger numbers to 2.4m, while seat capacity rose 13.8%
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