So Flybe's Q3 report is out. Main points are growth continues but Paris attacks did create a hiatus. Flybe reacted by slowing capacity growth and protecting margins. Faintly negative but no panic.
But the good news is buried in an appendix: H1 2016/17 now has 87% of fuel hedged at $599 compared to 70% at $668 in H2 2015/16. Fuel hedges are unwinding and will boost margins from next year.....
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