UK carrier Flybe to cut a further 500 staff
UK regional airline Flybe – which just last week announced a new service between Knock and Birmingham – is to cull another 500 staff as its new chief executive tries to fix the carrier.
New chief executive Saad Hammad said that when he joined in August it was clear the airline had to go beyond its existing restructuring plans. As Flybe released half-year results yesterday, Mr Hammad said the airline was now reviewing "everything we do and how we do it".
"Unfortunately, there is a proposal for further redundancies," he said. "We will consult with the trade unions and employees to ensure that this is done fairly."
The job losses come on top of 300 cuts last year and despite the carrier having returned to profitability in the first half.