New Flybe CE working on unit costs
Flybe has posted improvements to its Q1 load factor and yield, but new CE Christine Ourmieres-Widener said further work is still needed. “There remains a lot to be done, but we have the firm foundations needed to progress our plans for the business. In the second half of 2017-18, given the planned capacity reductions, there will be an increased focus on efficiency to improve operational performance and manage unit costs,” Ourmieres-Widener said, reflecting on her first 6 months in the role. During Q1, Flybe’s capacity growth slowed to 3.5%, but the airline carried 2.4m passengers—7.1% up on the prior-year period. This pushed the quarter’s average load factor up 2.5 points to 72.5%. Revenue for the 3-month period rose 11.7% to GBP174m (US$226.8m). <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-07-27/unaligned/new-flybe-ce-working-on-unit-costs
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New Flybe CE working on unit costs
Flybe has posted improvements to its Q1 load factor and yield, but new CE Christine Ourmieres-Widener said further work is still needed. “There remains a lot to be done, but we have the firm foundations needed to progress our plans for the business. In the second half of 2017-18, given the planned capacity reductions, there will be an increased focus on efficiency to improve operational performance and manage unit costs,” Ourmieres-Widener said, reflecting on her first 6 months in the role. During Q1, Flybe’s capacity growth slowed to 3.5%, but the airline carried 2.4m passengers—7.1% up on the prior-year period. This pushed the quarter’s average load factor up 2.5 points to 72.5%. Revenue for the 3-month period rose 11.7% to GBP174m (US$226.8m). <br/>
