Following a £6.4 million post-tax loss for the year ending March 31, 2012, Flybe will cut 300 jobs as part of a £35 million ($55.5 million) restructuring plan to return the group to profitability by 2013-14. Flybe announced that it needed to take “significant actions” to achieve the turnaround...
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Ascendance Flight Technologies unveils hybrid-electric aircraft
By
Dino D'Amore
2nd December 2021