France Airport Guide


Monday, 23 September 2013

Flybe set to lower costs

Flybe Group Plc (FLYB), Europe’s largest independent regional airline, said new Chief Executive Officer Saad Hammad will seek to reduce costs by unifying units after managers overseeing the previous strategy departed.
“It has quickly become clear to me that Flybe’s prospects will be significantly enhanced by disbanding the existing divisional structure and integrating all operations into a single, simpler and lower-cost operating unit,” Hammad, who previously worked at discount carrier EasyJet Plc (EZJ), said in a statement today. The strategic review is to conclude in November, Hammad said.


Post a Comment

Subscribe to Post Comments [Atom]

<< Home