Flybe's stirred not shaken strategy sees it through, for now

Flybe has a different strategy from most other airlines. That's probably why it has a different bottom line, reporting an improved pre-tax profit of GBP35.4 million for FY07/08 (12 months to 31-Mar-08), on a 46% year-on-year increase in revenue, to GBP535.9 million - and vindicating its acquisition of BA Connect in Mar-07 (Flybe has moved quickly to achieve the originally estimated cost savings and revenue gains of more than GBP40 million p/a, while ending BA Connect's GBP40 million annual loss).