Chief executive Christine Ourmieres-Widener said the regional airline is “well placed” with better control over its capacity than previously.
Her comments come despite results today showing it made a reported loss after tax of £26.7 million, a reversal of the £6.8 million profit recorded in 2015/16.
Some of the costs were put down to IT write downs of £4.8 million made during the period with further, greater IT costs of about £6 million predicted this year.
The loss also came despite a 13.4% increase in group revenue to £707.4 million with a stable passenger yield at £70.20.
