U.K. regional airline Flybe is making further structural changes to fund its financial turn-around by selling its entire slot portfolio at London Gatwick Airport and deferring about half of its outstanding order for Embraer 175s. Flybe has been trying to find a market niche combining aspects of regional operations with a low-fare business model, but has found it tougher than expected to gain traction. The carrier’s restructuring began last year when it announced, among other things, ...

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