Thu, 09th Jun 2016 12:26
Broking firm Cantor Fitzgerald says Flybe's turnaround appears on-track and has kept a 'hold' rating on the budget airline stock. Flybe posted an adjusted LBT (loss before tax) of £25.4m which compared with Cantor Fitzgerald's like-for-like forecast of £25.7m (in-line). While Flybe has not provided
Read moreBudget airline Flybe reported a pre-tax loss this morning, following the first financial full-year of a three-year cost cutting plan. The Exeter-based airline reported a pre-tax loss of £35.6 million, down from last year's profit of £8.1m. The company said it has resolved legacy issues including ex
Read moreJune 10 (Reuters) - British budget airline Flybe Group Plc reported a pretax loss for the full year, hurt by one-off costs and a charge related to its exit from a joint venture in Finland. The carrier reported a loss before tax of 35.6 million pounds for the year ended March 31, from a pro
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