Flybe

OverviewSuggest Edit

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. 
TypePublic
Founded1979
HQClyst Honiton, GBMap
Websiteflybe.com
Employee Ratings3.9More
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Latest Updates

Employees (est.) (Sep 2017)2,388
Revenue (FY, 2018)£752.6 M(+7%)

Flybe Office Locations

Flybe has an office in Clyst Honiton
Show all (1)

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
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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
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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)
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GBPY, 2018

Revenue/Employee

315.2k

Financial Leverage

6.6 x
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Flybe Operating Metrics

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

Aircraft Fleet

98 98 66 74

Available Seats

12.16 m11.10 m10.30 m11.30 m

Passenger Load Factor

61.4%69.5%75.2%72.6%

Passengers

7.20 m7.70 m7.70 m8.20 m
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Flybe Online and Social Media Presence

Embed Graph

Flybe News and Updates

June 07, 2019

Conztanz Consulting and Software Supports Flybe With Successful Amadeus Migration

February 21, 2019

Flybe completes sale to Virgin-led consortium

Struggling regional airline Flybe has completed the sale of its assets to a consortium of buyers led by Virgin Atlantic. Flybe confirmed it has sold its assets and operations for £2.8m to Connect Airways, an investor group consisting of Virgin Atlantic, Stobart and hedge fund Cyrus Capital. Th…
February 20, 2019

U.K.'s Flybe Attracts Counter-Bid From American Air-Backed Mesa

U.K.'s Flybe Attracts Counter-Bid From American Air-Backed Mesa
February 20, 2019

Flybe gets alternative financing proposal from Tinkler-backed investors

Flybe Group Plc said it had received a preliminary proposal from Bateleur Capital, Mesa Air Group Inc with support from Stobart Group former boss Andrew Tinkler for a possible optional financing proposal.
February 11, 2019

Flybe Appoints Discover The World As Its GSA In Key European Markets

SCOTTSDALE, Ariz., Feb. 11, 2019 /PRNewswire/ -- Flybe, Europe's largest regional airline, has appointed Discover the World as its general sales agent in the airline's key European markets - France, Germany, Benelux, Italy and Spain. Flybe's Chief Commercial Officer Roy Kinnear said, "The ...
February 04, 2019

Flybe agrees shareholder vote on chairman's future

(Reuters) - Flybe Group Plc has agreed to demands from its largest shareholder to call a general meeting to consider replacing Chairman Simon Laffin following the cut-price sale of the British regional airline.
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 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 easyJet, Norwegian Air Shuttle and Pegasus Airlines.

  • Where are Flybe offices?

    Flybe has an office in Clyst Honiton.

  • How many offices does Flybe have?

    Flybe has 1 office.

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