17-Sep-2013 7:13 AM

Flybe reveals simplified business structure, three directs leave carrier

Flybe stated (16-Sep-2013) the current divisional structure, comprising Flybe UK and Flybe Outsourcing Solutions, will be disbanded and all operations integrated into a single operating unit. The carrier noted that in its last interim management statement, issued on 08-Aug-2013, it confirmed that Saad Hammad, its new CEO, had commenced a full review of the Group's operations and would report in due course on the future strategic development and direction of the business. Whilst the review is on-going, the company noted that "it is already apparent that the future direction of the business will be best advanced through a unified and lower cost operational approach". As a result of this re-organisation, Andrew Strong, MD of Flybe UK, Mike Rutter, MD of Flybe Outsourcing Solutions and Mark Chown, director of Corporate Strategy, left their positions with Flybe on 13-Sep-2013. As previously announced, Paul Simmons will join Flybe as Chief Commercial Officer with effect from 28-Oct-2013. Flybe also confirmed that with immediate effect Matt Bennett currently Director of Internal Audit and Risk will, in addition to his current duties, act as Director of Special Projects, while John Palmer currently Director of Aircraft Maintenance will become (interim) director of Operations whilst a search is conducted for this role. Saad Hammad commented: "It has quickly become clear to me that Flybe's prospects will be significantly enhanced by disbanding the existing divisional structure and integrating all operations into a single, simpler and lower cost operating unit. Today's announcement facilitates that move and will form an important part of the strategic review of the business which I expect to conclude in November. I look forward to sharing its full conclusions."  [more - original PR]

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More