Flybe Q3 passenger revenue up 13.5%
Flybe grew its passenger revenue by 13.5% in Q3 as it added aircraft and seat capacity. Q3 pax revenue of GBP146.3m was up from the previous year’s GBP128.9m. Total revenue for the quarter was up 18.1% at GBP160.8m. During the quarter Flybe added 4 Bombardier Q400 aircraft to its fleet, which contributed to a seat capacity increase of 12.7%. That was a slight reduction from the 13.5% increase seen during the first half. Total passenger numbers rose 9.9% to 2.1m, but the number of seats offered was up 12.7% at 3.1m, leading to a drop in load factor of 1.7 percentage points to 67.2%. Flybe said it will continue adding capacity in Q4 with new routes between Edinburgh, Aberdeen and London Heathrow from March 26. The carrier noted a slow start to Q4, with uncertain customer confidence and poor weather contributing. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-01-31/unaligned/flybe-q3-passenger-revenue-up-13-5
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Flybe Q3 passenger revenue up 13.5%
Flybe grew its passenger revenue by 13.5% in Q3 as it added aircraft and seat capacity. Q3 pax revenue of GBP146.3m was up from the previous year’s GBP128.9m. Total revenue for the quarter was up 18.1% at GBP160.8m. During the quarter Flybe added 4 Bombardier Q400 aircraft to its fleet, which contributed to a seat capacity increase of 12.7%. That was a slight reduction from the 13.5% increase seen during the first half. Total passenger numbers rose 9.9% to 2.1m, but the number of seats offered was up 12.7% at 3.1m, leading to a drop in load factor of 1.7 percentage points to 67.2%. Flybe said it will continue adding capacity in Q4 with new routes between Edinburgh, Aberdeen and London Heathrow from March 26. The carrier noted a slow start to Q4, with uncertain customer confidence and poor weather contributing. <br/>
