Flybe update

Britain’s third largest airline Flybe has published its financial results for the third quarter of its financial year.  Also announced is a whole hotchpotch of routes for the summer.

The company blamed late booking by business travellers for a slowdown in the current quarter.  Flybe has sold 37% of its seats for the three months to the end of March compared to 40% at the same time last year.  Passenger revenue per seat is 6.2% lower.

For the third quarter passenger revenue was £128.9m, a 3.6% bounce, but the load factor was down 5.4% at 68.9% indicating plenty of room for growth.  No mention of the proposed Northolt operation nor a replacement for chief commercial officer Paul Simmons.

This summer West of Ireland Airport (Knock) gets six weekly Q400 flights from Edinburgh whilst Norwich gains Exeter six times a week, also a Q400 and Malaga and Alicante twice weekly with an Embraer E195.  Newquay adds single weekly rotations to Aberdeen, Glasgow and Liverpool.

Doncaster is an Embraer 195 base with Paris twice daily, Amsterdam and Jersey daily and flights to Berlin Tegel (4xdaily), Faro (2x),  Malaga (3x) and Newquay (3x).  From Birmingham it adds Limoges, Nantes (5x), Rennes (4x), and Rennes this summer.  Southampton to Charles de Gaulle returns with daily services.  www.flybe.com

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