- West Country (W)
- 4 updates
Exeter-based airline Flybe has announced its first profits in four years.
They've made a pre-tax profit of £8.1 million for the year to March, a significant improvement on last year's £41 million pound loss.
Flybe recently announced it will run three services a day between Exeter and London from October.
Exeter-based airline Flybe has announced plans to run services three times a day to London. For passengers it means the return of a direct link from Devon to the capital. Flybe is Europe's largest regional airline, but it's suffered in the past 18 months.
It's had to cut its budget by £40 million and make 450 staff redundant. Our Business Correspondent Seth Conway reports.
Flybe has announced plans to run services three times a day from Exeter to London City Airport. It means passengers will have a direct link from Devon to the capital. It's part of a £150 million expansion programme to extend services from the terminal in London's docklands.
Latest ITV News reports
Flybe has announced a major expansion with a 5 year deal at London City Airport including flights between London and Exeter from October