www.flybe.com

I'm still in.

Flying.

lol

Tonight? :-)

Moving nicely today.

Cruising.

Full throttle now ... breakout ?

New one year high.

Placing of £150mill.

They buying something or just skint ?

FLYING TODAY.

have they been tipped by Shares mag or the IC?.

Its Thursday..

Why what day do the mags come out mitzy?.

Used to be thu shares mag
fri IC.

Anyway going for the recent high.

Very nice.

Isn't it deadline day for the upen offer today ?

dunno....who cares.

As long as it keeps rising.

Tuesday 25 March, 2014
Flybe Group Plc
Franchising Agreement with Stobart Air
RNS Number : 0843D
Flybe Group PLC
25 March 2014


FLYBE GROUP PLC
('Flybe' or 'the Group')

Franchise agreement with Stobart Air serving new routes into London Southend Airport

Flybe announces that it has reached agreement with Stobart Air, a Stobart Group business, for a five year franchising agreement at London Southend Airport.

Under this new agreement, Stobart Air (formerly Aer Arann) will operate new routes from London Southend Airport in partnership with Flybe. Flybe has proven experience as a franchisor, most notably with Loganair who have 17 aircraft operating in Flybe colours.

The franchise operation will commence on 5th June with two 72 seat ATR aircraft in Flybe livery. Tickets go on sale via Flybe.com on 3rd April to a mix of destinations in Benelux and Northern Europe.

It is estimated that passenger numbers on the six routes will increase to approximately 200,000 per annum in 2015.

The franchise agreement has been structured to accommodate additional aircraft and routes if required.

Saad Hammad, Chief Executive Officer of Flybe, said:

"We are delighted to be extending the Flybe brand further into the South-East. Today's news is also further evidence of our commitment to providing true regional connectivity across the UK and we look forward to unveiling a major programme of new base and route development over the coming months."

Andrew Tinkler, Chief Executive of Stobart Group, said:

"This agreement represents an exciting expansion of our relationship with Flybe. London Southend Airport is an ideal access point for Flybe customers travelling to and from London and the South East and we look forward to welcoming them."

ENDS

25 March 2014

BRIEF-Flybe, Stobart sign 5-year deal for flights from London Southend airport

25 Mar 2014 - 07:14
March 25 (Reuters) – Flybe Group Plc :
Franchise agreement with Stobart Air serving new routes into London Southend airport
Stobart Air (formerly Aer Arann) will operate new routes from London Southend airport in partnership with Flybe
Franchise operation will commence on June 5 to destinations in Benelux and Northern Europe
Source text for Eikon: [ID:nRSY0843Da] [ID:nRSY0562Da] Further company coverage: [FLYB.L]
(London Equities Newsroom; +44 20 7542 7717)
Keywords: FLYBEGROUP/BRIEF

Good rise and breakout.

EXCELENT UPDATE AND ON TRACK......

BRIEF-Flybe fourth quarter trading in line with expectations

04 Apr 2014 - 07:10
LONDON, April 4 (Reuters) –
Performed in line with expectations through final quarter of year ended 31 march 2014
Passenger volumes grew 6% year- on-year to 1.6m
Total cash at year end was £218m
Source text for Eikon: [nRSD0553Ea] Further company coverage: [FLYB.L]
(London Equities Newsroom; +44 20 7542 7717)
Keywords: FLYBEGROUP/BRIEF

Flybe soars on turnaround

A trading update from regional airline Flybe (FLYB) has been welcomed by the markets which have been watching the Exeter-based carrier’s self-help strategy with interest. Shares in the £306 million cap are up 4% at 146.8p on the announcement. Over the past year, they’ve ascended 217% as the group takes tough decisions needed to transform its fortunes.
Despite the large gains, it’s worth bearing in mind that Flybe’s share price is still some 18% lower than three years ago and considerably below its 295p flotation price in December 2010.
We highlighted the stock earlier this year as a potential takeover target.



The 4 April trading update, ahead of full-year results on 11 June, reveal 6% growth in passenger volumes to 1.6 million in the fourth quarter despite a 4% reduction in capacity. Load factors increased to 70% in the period which Flybe attributes to its competitive pricing strategy. Higher passenger volumes more than offset lower yields, leading to a 4% increase in passenger revenue per seat to £49.80.
Forward sales are also looking encouraging with 20% of Summer 2014 seat capacity sold at 31 March 2014, compared with 17% at 31 March 2013.
Encouragingly, the eight new routes launched in February from Birmingham, have exceeded expectations with 30% of Summer 2014 seat capacity already sold. Flybe now offers 126 Summer routes and 2,600 flights a week across the UK and Europe.
While the figures continue to improve, Flybe’s Turnaround Plan (unveiled in January and May 2013) and its Immediate Actions initiative (launched in November 2013) are ticking over nicely and delivery of phases 1 and 2 of these plans remains on track. In the 2013/14 year, a total of £47 million was delivered in savings with a further £71 million expected to be delivered in cost-cutting in the 2014/2015 year.
When the group reports in June investors will be keen to see how Flybe’s brand relaunch, which was unveiled this month, is playing with customers. Initatives include a new strapline (‘The fastest way from A to Flybe’) as well as a new marketing and TV advertising campaign and what the airline is describing as a ‘a world-first 60:60 On Time Guarantee.’ This promises passengers that if a flight
arrives more than 60 minutes late at its destination due to a delay within Flybe’s control, they will qualify for a £60 voucher towards their next flight if they book it within 60 days.

Date: 04-04-2014 12:50