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Aircraft and finance. Flybe, the restructuring is working: first profits after four years
Exeter, United Kingdom - Operating costs down by 3%
The restructuring plan of Flybe, which is aimed to reducing the costs of the British carrier, is giving its fruits: the Exeter-based company has indeed reported its first year balance sheet in the black after four years of losses. The fiscal year ended on March 31, 2014 was characterized by a pre-tax profit of 8.1 million pounds (a bit more than 10 million Euros), a sharp improvement compared to...
AVIONEWS - World Aeronautical Press Agency - 1160853
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency