Flybe Stays Profitable, Plots More Expansion

By Max Kingsley-Jones

Having beaten the odds and turned in a profit for 2009, Europe’s regional giant Flybe is on the lookout for further expansion opportunities across the continent.

For its 2009 financial year ending on March 31, the U.K. airline reported a profit before tax of £6.8 million ($10.7 million), just under half the £12.8 million recorded the previous year ...

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