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News: Flybe issues new profit warning as costs rise

Flybe has said, following a detailed review of aircraft maintenance, it has incurred higher than expected related costs in the first half of financial 2017.

This reflects the drive to further improve the reliability of its aircraft, particularly the Bombardier Q400 turboprop, with improvements already being seen, the carrier said.

A full review of the maintenance strategy has now been launched which aims at a significant improvement of aircraft performance and costs.

As a result, adjusted profit before tax is currently expected to …
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