Flybe - 8

[ATNotts]

Originally Posted by davidjohnson6

Flybe predicts small annual loss as tough conditions continue | Airline Financials content from ATWOnline

Given that the UK economy is in pretty good health right now and airlines all over the UK and western Europe are making strong profits, I really don't understand why Flybe is making a loss. I really do hope that when the economy next weakens (and it will do eventually), that Flybe has got its act together

Two things in play here I suspect. First firming of the oil price, which may have hit them if they had failed to hedge forward; and second the fall in value of sterling which will not only have had an effect of existing revenues, but may be beginning to impact on future bookings - for example second property owners in France making fewer, longer trips, rather than going backwards and forwards more frequently at weekends.