Shares for low-cost airline Flybe have dropped significantly following a revenue warning issued Tuesday. The Exeter-based carrier said in a statement that weak sales in its home market meant that it was not likely to meet its previously set revenue targets for the year. Flybe officials said that the last three months of 2011 saw [...]

Low-cost carrier Flybe has secured funding via a Brazilian bank for 20 new jets. The UK-based airline said this week that $500 million (£323 million) contract with BDNES, the Brazilian export development bank, is to provide 85 per cent of the total funds to cover 20 new aircraft from South American manufacturer Embraer. Flybe will [...]

Passengers that saw a wheel fall of a Flybe flight earlier this year did not immediately report the incident to cabin crew, a new report has said. The report comes via the Air Accidents Investigation Branch (AAIB) regarding an incident in March when a wheel had come lose and fallen off a small Flybe aircraft [...]

Heavy competition appears to be driving down profits a both of Belfast’s airports, according to analysts. Pre-tax profits for Belfast City Airport only amounted to £15,000 this year on a £17.1 million turnover in 2010, marking a substantial drop from the £433,000 seen the year prior. Similarly, Belfast International Airport’s profits dropped a full 11 [...]

International Airlines Group has warned of a slowdown in the coming months, despite announcing a better performance this year. The parent company of Iberia and British Airways said this week that in September it had seen a rise of 9.3 per cent in its most profitable clientele – premium passengers - in addition to a rise [...]

Budget airline Flybe has managed to attract more customers despite high fuel costs and a tough economic climate. The positive news of the three months leading up to June is coupled with an 8.3 per cent rise in revenues to £160.4 million. During the period, the airline carried some two million passengers; when excluding the [...]

Britain’s newest royal couple surprised passengers and reporters on Sunday by flying home from Edinburgh on a Flybe jet. The couple was in Scotland to attend the wedding of Zara Phillips, Prince William’s cousin, when instead of opting for first class or a private aircraft chose to sit next to everyday passengers onboard a low-cost [...]

UK-based airline Flybe has announced that it is splitting its operating structure into three sections, Flybe Aviation Support, Flybe Europe and Flybe UK. The changes have been made in order to reflect the carrier’s ongoing European expansion and growth campaign, according to a company spokesperson. Chairman and CEO of Flybe, Jim French, said that while [...]

A war veteran from the Royal Navy has slammed Flybe for charging him for carrying his military standard. Eighty-six-year-old Alec Penstone said he was outraged when Flybe told him he would have to pay an extra £60 for carrying the 4ft, 2.5 kilo Royal Naval Association standard because it didn’t fit the airline’s normal 20-kilo [...]

Exeter-based Flybe has announced that it will enter the Finnish market with the acquisition of a local carrier. News of the £22.6 million deal comes just one day after the airline reported year-end losses of £4.3 million. But Flybe intends to rebound with the acquisition of Finnish Commuter Airlines, a deal done in conjunction with [...]