Flybe Sees Full-Year Loss at Low End of Guidance as Sales Stall
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Flybe Group Plc, Europe’s biggest regional airline, predicted an underlying pretax loss for the last financial year at the low end of its guidance on sales that are little changed.
Costs for the financial year ended March 31 rose about 2.5 percent in line with guidance, the Exeter, England-based carrier said in a statement today. Group revenue will be in line with that of last year, when it was 615.3 million pounds ($943 million), it said.