Flybe
ProfileJobs

Flybe

Suggest Edit
    • Travel & Leisureairlinesairporthotel
    Flybe is Europe's largest regional airline. We operate more UK domestic flights than any other airline and we are the largest scheduled airline, measured by air traffic movements, at Belfast City, Birmingham, Cardiff, Exeter, the Isle of Man, Jersey, Manchester, Newquay and Southampton airports. 
    Revenue(FY, 2018)
    £752.6 M
    TypePublic
    HQClyst Honiton, GB
    Founded1979
    Size (employees)2,388 (est)
    Websiteflybe.com
    Flybe was founded in 1979 and is headquartered in Clyst Honiton, GB
    Report incorrect company information

    Viewing summary data as a guest

    Sign up for free to see all data

    Flybe Office Locations

    Flybe has an office in Clyst Honiton
    Show all (1)
    Report incorrect company information

    Flybe Financials and Metrics

    Flybe Revenue

    Flybe's revenue was reported to be £752.60 m in FY, 2018
    GBP

    Revenue (FY, 2018)

    		752.6m

    Net income (FY, 2018)

    		(9.4m)

    EBITDA (FY, 2018)

    		29.1m

    EBIT (FY, 2018)

    		(14.8m)

    Cash (31-Mar-2018)

    		86.7m
    GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

    Revenue

    		74.4m94.2m135.3m152.9m183.8m205.3m227.1m231.2m244.4m267.3m304.5m367.5m535.9m572.4m570.5m595.5m615.3m614.3m620.5m574.1m623.8m707.4m752.6m

    Revenue growth, %

    		(7%)9%

    Cost of goods sold

    		65.0m79.5m116.2m131.9m161.8m192.1m220.4m193.8m216.0m219.0m273.6m313.8m450.0m513.6m

    Gross profit

    		9.4m14.6m19.1m21.0m22.0m13.2m6.6m37.3m28.4m48.4m30.9m53.7m85.9m58.8m
    show allwdxefcqufszuzezftuxetqsqxt
    GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

    Cash

    		8.5m6.8m7.4m1.9m3.0m8.7m5.4m2.2m11.4m37.0m32.8m136.2m67.4m56.6m54.1m87.7m59.7m47.5m211.8m188.8m163.6m115.1m86.7m

    Accounts Receivable

    		6.6m9.5m13.8m15.2m21.3m28.2m29.9m28.1m33.0m18.8m15.3m43.7m34.9m34.5m30.8m34.0m44.3m37.6m28.4m34.9m36.3m108.0m90.7m

    Inventories

    		2.3m2.9m2.1m3.7m3.9m5.6m5.7m7.2m5.0m6.2m5.9m7.0m7.3m7.5m6.1m5.8m6.6m6.8m6.8m7.1m6.4m6.3m7.6m

    Current Assets

    		21.3m24.2m27.6m29.4m36.4m55.2m53.7m62.2m76.9m111.7m94.8m228.4m151.8m156.6m142.6m216.4m170.4m159.7m304.8m308.3m281.1m255.4m195.5m
    show all
    GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

    Net Income

    		2.5m3.4m2.7m6.3m1.0m(10.1m)(16.9m)285.0k4.1m12.4m(7.9m)(19.9m)34.9m4.1m22.2m3.8m(6.4m)(42.2m)8.5m(23.7m)6.8m(55.3m)(9.4m)

    Cash From Operating Activities

    		3.6m4.9m15.2m7.1m10.0m1.7m1.4m1.6m46.5m12.9m31.0m30.4m(430.0k)22.2m14.9m18.1m3.0m(3.0m)(5.5m)30.1m64.1m18.3m13.8m

    Dividends Paid

    		414.0k907.0k454.0k99.0k3.0k1.0k1.0k1.0k1.0k

    Cash From Financing Activities

    		(6.5m)(5.0m)4.5m(4.9m)(1.5m)308.0k15.8m3.8m(29.9m)25.9m(23.3m)26.1m(70.3m)(37.6m)(26.4m)58.9m10.3m16.0m137.7m5.5m(14.9m)56.2m(26.7m)
    show all
    GBPY, 2018

    Revenue/Employee

    		315.2k

    Financial Leverage

    		6.6 x
    Show all financial metrics

    Flybe Operating Metrics

    Y, 2013Y, 2014Y, 2015Y, 2016

    Available Seats

    		12.16 m11.10 m10.30 m11.30 m

    On-time Performance

    		85.2%87.6%84.5%85.4%

    Passenger Load Factor

    		61.4%69.5%75.2%72.6%

    Routes

    		242 194 218
    Show all operating metrics
    Report incorrect company information

    Competitors

    Heathrow Airport
    Travel & Leisure - Private
    ExpressJet Airlines
    Travel & Leisure - Subsidiary
    Easyjet
    Travel & Leisure - Public
    Goldair Handling
    Travel & Leisure - Private
    Compare competitors

    Flybe Online and Social Media Presence

    Embed Graph
    Report incorrect company information

    Flybe News and Updates

    January 15, 2019

    Flybe shares nosedive as Virgin-led consortium ups takeover offer

    Flybe shares nosedived again this morning as shareholders reacted to news they will not get a vote on a revised bid for the business from a Virgin-led consortium. Virgin Atlantic, Stobart Group and US private equity firm Cyrus Capital tabled a £2.8m bid for Flybe Limited and Flybe.com today after…
    January 11, 2019

    Stobart's former CEO buys 10 pct stake in Flybe - Sky News

    Andrew Tinkler, the former chief executive officer of Stobart Group Ltd, has acquired a stake of about 10 percent in British regional carrier Flybe Group Ltd, Sky news reported on Friday.
    January 11, 2019

    Virgin Atlantic consortium agrees to buy Flybe

    A consortium led by Britain's Virgin Atlantic on Friday said it will buy ailing no-frills airline Flybe for USD 2.8 million. The group, which includes infrastructure specialist Stobart and investment firm Cyrus Capital Partners, said in a statement that their joint venture Connect Airways will pay j…
    January 11, 2019

    UPDATE 2-Virgin Atlantic buys UK airline Flybe for cut-price $2.8 million

    * Richard Branson's airline teams up with Stobart, Cyrus Capital
    January 11, 2019

    Flybe shares crash on cut-price offer from Virgin-led consortium

    Struggling airline Flybe is set to be picked up in a basement bargain deal from a Virgin-led consortium that values the budget business at just £2.2m. Shares were sent crashing 80 per cent this morning on news of the offer from Virgin Atlantic, Stobart Aviation and US private equity firm Cyrus Ca…
    January 11, 2019

    Virgin Claims Flybe in Bargain Rescue of Troubled U.K. Carrier

    Virgin Atlantic Leads Rescue Deal for Flybe, Backed by Stobart
    Show more
    Report incorrect company information

    Flybe Company Life and Culture

    Report incorrect company information
    Download PDF

     Flybe Frequently Asked Questions

    • When was Flybe founded?

      Flybe was founded in 1979.

    • How many employees does Flybe have?

      Flybe has 2,388 employees.

    • What is Flybe revenue?

      Latest Flybe annual revenue is £752.6 m.

    • What is Flybe revenue per employee?

      Latest Flybe revenue per employee is £315.2 k.

    • Who are Flybe competitors?

      Competitors of Flybe include Heathrow Airport, ExpressJet Airlines and Easyjet.

    • Where are Flybe offices?

      Flybe has an office in Clyst Honiton.

    • How many offices does Flybe have?

      Flybe has 1 office.