The Exeter-based carrier said it had been affected by a slowdown in demand, increased flight capacity across the industry and a succession of air traffic control strikes in France, which accounts for about 12% of Flybe’s capacity.
Flybe said it had increased passenger numbers by 9.2% to 2.3 million for the quarter from April to June, on the back of a 15.5% capacity increase as the airline launched 24 new routes. But this also led to a 4.1 percentage point drop in load factor to 70% compared to the same period in 2015.
Flybe admits outlook is ‘very uncertain’
Air
Rob Gill
27 July 2016
Regional airline Flybe said it has made a “solid start” to its financial year despite tough market conditions.
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