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Flybe Second-Quarter Passenger Revenue Up 13% But Load Factor Down

13th Oct 2015 07:45

LONDON (Alliance News) - Flybe Group PLC on Tuesday boasted double digit increases in seat capacity, passenger numbers and revenue in its second quarter, but report a slight decline in passenger load factor.

The airline reported a 13% increase in passenger revenue in the second quarter.

However, revenue per seat fell by about 1%.

There was a 13.8% increase in seat capacity to 3.0 million seats, while passenger numbers were up 10.7% to 2.4 million.

Passenger load factor - the number of passengers divided by seats flown - fell to 78.3% from 80.5%.

Flybe's financial year runs to March 31.

Shares in Flybe were up 5.1% at 81.20 pence on Tuesday morning.

By Samuel Agini; [email protected]; @samuelagini

Copyright 2015 Alliance News Limited. All Rights Reserved.


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