Flybe to remain 'disciplined in pricing' whilst continuing to 'focus on unit cost reduction'

Flybe announced (09-Jun-2016) it is "well placed" as it entered 2016/2017 with "the strongest balance sheet in is history and a disciplined organisation with a track record of delivery over the past three years". Despite this, the carrier stated: "The current industry environment remains challenging, however, for a number of reasons. These include the threat of terrorist activity, industrial unrest in France which accounts for 12% of Flybe's seat capacity, consumer uncertainty fuelled in part by macro-economic volatility and in part by anxiety ahead of the EU referendum, and the highest level of seat capacity growth in the European short-haul market for six years" adding: "In light of this, Flybe will remain disciplined in pricing, continue to focus on unit cost reduction, and maintain its capacity discipline through continuing fleet transactions". [more - original PR]