Airline sees custom drop

AN airline which flies from Edinburgh Airport has issued another profits warning after passenger numbers fell.

Flybe planes have been left less than two-thirds full, with chief executive Jim French saying the firm was battling “another very challenging year”.

The Exeter-based airline said it would respond with cost-
saving measures.

It has issued a series of profits warnings in recent years, causing its shares to slump in value from about 325p at the time of its flotation at the end of 2010, to 64.3p today.

Related topics: