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Flyglobespan on track to report second consecutive annual net profit

18-Jun-2009

Flyglobespan stated it is on track to report a second consecutive annual net profit this year, after reporting a net profit of GBP1.3 million for the 12 months ended 31-Oct-09. The carrier reported a slight decline in turnover to GBP255 million in 2008/09, compared to GBP279 million in 2007/08, as a result of decreasing its fleet size. [955 words]

Unlock the following content in this report:

Subheadings:

  • Reports load factors of over 90% during Apr-2009 and May-2009
  • Expands international services outside the “Eurozone”
  • Suspends operations at Durham Tees Valley Airport

Graphs and data:

  • Flyglobespan new services
  • Sharm El Sheikh capacity share by carrier (for week commencing 15-Jun-09)
  • Flyglobespan fleet plans (for week commencing 15-Jun-09)
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