Flybe issues profit warning on Brexit uncertainty

Credit: Rob Finlayson
UK-based regional airline Flybe has warned it will take a £2.5 million ($3.3 million) full-year profit hit because of currency fluctuations following the UK’s decision to exit (Brexit) the European Union (EU). “Although Flybe has hedged 90% of its USD and fuel requirements for this financial year...
Victoria Moores

Victoria Moores joined Air Transport World as our London-based European Editor/Bureau Chief on 18 June 2012. Victoria has nearly 20 years’ aviation industry experience, spanning airline ground operations, analytical, journalism and communications roles.

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