10-May-2011 10:39 AM
UK aviation sector in long-term decline
Analysis
The aviation sector in the UK continues to deteriorate, and Flybe's chairman and CEO announced that a GBP3 surcharge per passenger would be imposed from 05-May-2011 on all flights from 01-Sep-2011 onwards. Citing a "challenging" UK market and increased fuel costs, Flybe chief Jim French said the increase was required to "optimise passenger yield and streamline capacity in the UK".
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