There is uncertainty over Cornwall's airlink to London after Flybe announced the sale of its Gatwick airport slots. The Exeter-based airline has sold its landing times to Easyjet.
Flybe's service will come to an end in 2014. Easyjet says it can't confirm whether it will continue the route until later this year. Managing Director of Flybe Europe, Mike Rutter, says high charges at Gatwick forced the sale:
Three hundred jobs are to go at the airline Flybe, a third at its headquarters in Exeter. The company is trying to reduce costs by £35 million as passenger revenues fall and fuel prices rise.
The firm is mainly blaming the increase in air passenger tax which managers say left them with "no choice" but to cut jobs.
Unemployment in the South West has fallen by 10,000 in the last three months. Figures released by the Office for National Statistics show that the current unemployment rate is 5.5%
It comes at the same time 300 jobs losses have been announced by Flybe, a 100 of which will go in Exeter. The company is trying to save £35 million as passenger revenues fall and fuel prices increase.
Around 300 jobs are to go at Exeter based airline Flybe.
The company is trying to cut costs by £35 million as passenger revenues fall and fuel prices increase. Chief financial officer, Andrew Knuckey, said economic pressures meant there was "no choice" but to cut jobs.
The airline's call centre was outsourced last month and they're considering outsourcing more parts of the business such as onboard catering.
The airline Flybe has warned it may have to cut jobs because of financial losses.
The company, based in Exeter, employs 3,000 people across the UK. It's says falling passenger numbers and increasing fuel duty are to blame for pre-tax losses of £1.3 million.
Flybe say they're operating in the most challenging conditions since the company was founded 10 years ago, and will give more details about possible redundancies in the new year.
The Exeter based airline Flybe has announced losses of £2.2 million, despite increasing its share of the country's passengers.
It's disappointing news for the company, which returned profits of £5.7 million last year. It blames a drop in travellers and high fuel prices.
Flybe now boasts 28% of the domestic market and says ticket sales for the summer are already up. It's announcing new routes and predicts the stronger pound will also encourage holidaymakers.
The pilots and crew on a Flybe flight from Newquay has been heavily critcised for how they reacted to an emergency alarm last summer. One of the airline's planes made an emergency landing at Edinburgh airport after a smoke warning light came on.
An air accident investigation says passengers tried to get out but there weren't enough emergency slides or steps. They were also slowed by taking bags and coats. The report accepts that the airline has taken action to prevent similar incidents.