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Volcanic ash weighs on flybe result

1-Jul-2011

flybe, the UK’s largest domestic carrier, reported a full-year net profit of GBP3.8 million, an 82.9% fall on its FY2009/10 result. The result was weighed down by volcanic ash and weather disruptions, which masked an otherwise strong performance at the Exeter-based company. [1049 words]

Unlock the following content in this report:

Subheadings:

  • Other metrics up
  • Ancillary continue to grow
  • Weather events responsible for cost blowout
  • Shares bounce on bullish outlook

Graphs and data:

  • flybe revenue, FY2003-FY2011
  • flybe passenger numbers, FY2003-FY2011
  • flybe’s ancillary revenue per passenger, FY2003-FY2011
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