step forward

step forward

Flybe Announce Major Expansion with Five Year Deal at London City Airport

1h ago
SOURCE  

Description

Flybe Announce Major Expansion with Five Year Deal at London City Airport • Flybe re-enters the London market with five year deal • Daily flights to Edinburgh, Dublin, Belfast, Inverness and Exeter • Expects additional 500,000 passengers per year • Follows £150 million successful fundraising Flybe today announced that it has signed a five-year agreement with London City Airport (LCY) to commence domestic and international operations. Using five aircraft based at three of its regional bases, Flybe expects to fly up to 500,000 passengers annually between LCY and Edinburgh, Dublin, Belfast, Inverness and Exeter It is a major expansion that will see the airline significantly boost connectivity between the UK regions and Ireland to and from London providing direct links for customers in the regions to the heart of London's financial district. Flybe, Europe's largest regional airline, expects the new routes will appeal to a significant number of City and Canary Wharf-based passengers who need to access the UK regions and neighbouring European destinations quickly and efficiently. The agreement with London City follows on from Flybe's successful launch of eight new routes from Birmingham and a further four new routes launched from London Southend with franchise partner, Stobart Air. It is also a major step forward in meeting the Group's stated strategic objective to expand its branded scheduled commercial operation by developing new routes and bases within the UK following its successful fund raise of £150 million last month. Flybe's Chief Executive Officer, Saad Hammad said the announcement is a significant landmark in the re-birth of Flybe. London City Airport (LCY) is poised for significant growth in the next ten years -- growth that will see it achieve 120,000 flight movements per annum, with an associated 6 million passengers by 2023. Flybe's announcement will bring an immediate uplift of up to half a million new passengers to the airport. In addition, Flybe's selection of routes serves to cement further LCY's status as the business traveller's airport of choice. The new schedules will see four times daily services from/to Edinburgh and Dublin, three times daily services from/to Belfast and Exeter and twice daily from/to Inverness starting on 27 October 2014