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Flybe reduces size of fleet

Flybe reduces size of fleet

Capacity is always a concern for European airlines, and Flybe (FLYB) is no exception. As such, the company believes it prudent to reduce its fleet size from 85 planes to 70 over the next three years as part of a wider improvement plan. Capacity should start to fall during the second half of this financial year as it hands back six end-of-lease aircraft. This marks a 4 per cent reduction in capacity, and management reckons it will allow for better focus on fewer, more profitable routes and help to improve customer service. Over the last six-month period, capacity had risen by 3 per cent to 6.9m seats.

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