Flybe expanding amid the turmoil
This is the Perspective from today's edition of Europe Airline Daily - the comprehensive new pre-digested daily update on strategic news from Europe, saving you time and keeping you right up to date. Complimentary subscriptions to this report are currently available. Register now!
Europe's largest regional carrier, Flybe, stated on 30-Jun-08 that it forecasts record profits in its upcoming full year results, and that it will “not only survive, but prosper in these difficult times”. According to CCO, Mike Rutter, the carrier's break-even load factor has fallen and it has a “rigorous fuel hedging policy”, currently hedged at 76% for the rest of the year. Fuel at current prices makes up 24.6% of the carrier’s cost base, according to Flybe.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.