www.flybe.com

Phew! That's the end of that then -):

Flybe is expected to post half-year results building on full-year pre-tax profits that swung to £8.1m, compared with a £41.1m loss a year earlier.

The upturn in profits is the result of restructuring by chief executive Saad Hammad, having cut 1,100 jobs and reduced its number of regional bases to seven from 13.

Mr Hammad said the return to profit represented the “rebirth of Flybe”, which serves 35 UK airports and now has bases in Belfast, Birmingham, Edinburgh, Exeter, Glasgow, Manchester and Southampton.

In the first quarter of the new financial year the carrier said its load factor jumped to 75.8% in the three months to June 30, up from 66.5% a year ago as it benefited from fare promotions and more profitable routes. It added passenger revenues per seat were up 9.5% during the quarter to £52.79.

It is on track to achieve £24m of planned cost savings in this current financial year, taking the total for its turnaround plan to £71m.

Brokers at HSBC said: “The pace at which Flybe is restructuring impresses us.” HSBC forecasts annual pre-tax profit will fall 21% to £6.4m in 2015, as the airline continues to cut capacity before adding more profitable routes in following years.

www.eadt.co.uk/business

the caveats as seemingly not possible to c+p them from ST
the figures will be littered with one-off charges incurred in the restructuring. Pick through them and recovery may start to materialise .....Hammad is gaining momentum but thew industry's margin for error is notoriously thin. Indeed, while Flybe has been getting its house in order, its rival Monarch Airlines has been dancing with disaster. Last month the founding Mantegazza family handed over $85m dowry just to get the carrier off its hands ..... Hammad has defied gravity since he arrived last year. You wonder how long he can keep it up. A move into white-label flying, running short-haul routes for larger rivals, will be a test of whether he is as good rowing the business as he has been at pruning it

============

in conclusion, it looks to me that the company and Hammad still have a long way to go before Flybe can claim to be a solid entity

How about posting the entire article cynic? Thanks.

"A move into white-label flying, running short-haul routes fro larger rival s, will be a test of whether he is as good rowing the business as he has been at pruning it"

You will perhaps forgive for saying that sentence doesn't make any sense cynic.

because old bean, i had to read and laboriously type rather than c+p .... i also do not subscribe to ST on-line

your last comment is merely what it said in the paper .... i don't know from where the phrase "white-label" emanates either, but i assume it's some sort of industry descriptive term

something to do with the following by the looks of it ....

It targets smaller European medium-haul airlines that each have limited long-haul transatlantic service with correspondingly few economies of scale. In essence, it offers a lower-cost solution for their non-core operation: "We'll fly one or two long-haul aircraft on your behalf. You don't have to worry about flight crew or maintenance or keeping a back-up aircraft. We'll provide cabin crew if you want, or you provide your own. We'll give you a white aircraft, or paint it in your colours if you want, and we'll tailor the interior for your requirements."

So it is acceptable in your opinion to type something on your own computer which you suggest is an edited copy of an article which appeared in the ST this morning and yet when I copied and pasted part of the article directly from the ST online this morning you deemed it to be "slanted".

oh for goodness sake! ..... what is it with you? .... perhaps ADVFN promotes the idea of aggressive silliness

i have merely posted the caveats that were within the rest of the (edited) article that you posted .... and that is exactly what i said i was doing, not for my benefit, but partly for yours and certainly for others who might be following this stock

if you want to be a permanent ass, then carry on OLD BEAN

You know cynic there is something niggling in my head at the moment about you and "sticky" and your online chat. In fact sometimes I actually think you are the same person.

so you can't even differentiate between writing styles then ... anyway, you let whatever little maggots you have in your head keep niggling away

Different writing styles mean nothing cynic and it wouldn't be the first time gf had invented an online 'friend' to chat to. Who is the current captain of Wentworth by the way and what is Ernie's favourite drink? ( I'm talking about Ernie Els )

CR are his initials, and as for ernie, i wouldn't have the faintest idea nor care .... certainly reckon his wine's serious over-priced

Cockney Rebel, the captain at Wentworth? Well I never!

who on earth is cockney rebel? ... only know it as a bowie(?) song

Carry on cynic this is becoming hilarious. You obviously know as much about music as you know about shares = next to nothing.

i'ld second that, though probably even less about music

btw, full initials are CJR so you can have fun playing with those too if it amuses you

It doesn't amuse me at all and it doesn't amuse me that you and your online 'friend' have attempted to completely wreck this thread, but despite that and since I bought into this share in August 2013 I am not about to be put off posting here until I decide to bank all my profits and move on.

you really are a most peculiar chap, seemingly with a big chip, though that is no matter either

this morning, i posted something eminently sensible and useful for which you have since chosen to attack me

that you clearly didn't like to be told that there were some fairly serious caveats in the ST article that had been edited out, is YOUR problem, not mine
i itemised those caveats for the benefit of you and others, and i certainly have no axe to grind

i'm delighted if you make money from this or any other share, and if you lose it, well hard cheese OLD CHAP
either way, it is of little real interest to me

meanwhile and of course, you have now "trashed" your(??) own thread by cluttering it up with volumes of extraneous garbage

cynic , does seem to side with goldfinger a lot which i find strange. BTW anybody can find out the Captain of Wentworth by a quick google

a bowie(?) song , lol