Results for the six months to 30 September 2014
-Loss after tax of £15.4m compared to profit after tax of £13.6m for the same period last year
-Adjusted profit before tax up £2.0m to £13.7m
"Flybe is pleased to announce the opening of a base for two Q400 aircraft at Bournemouth Airport starting in March 2015 that serves both business and leisure orientated routes. This initiative builds on Flybe's already strong presence along England's South Coast.
Flybe will also commence limited operations without basing aircraft or crew at Stansted airport with a focus on giving the regional leisure passenger cost effective access into London. Stansted operations will also commence in March 2015.
In addition, Flybe will re-establish an aircraft and crew base at Aberdeen Airport in March 2015 after successfully rebuilding our network and presence at the airport over the last 12 months. The plan will see four Q400 aircraft based in Aberdeen. Our objective is to build a strong and vibrant operation in the North East of Scotland that benefits both the local community and those seeking access to Aberdeen from other regions of the UK
and Europe."
"Flybe is pleased to announce today a new three year agreement with Manchester Airports Group (MAG). The agreement is significant because it provides cost certainty and a competitive cost structure at Manchester Airport over a three year period at Flybe's second largest base. In addition, the agreement locks-in similarly advantageous cost certainty for our ongoing operations through East Midlands airport. It also includes Stansted and Bournemouth airports."