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Flybe shares fall after profit warning

Wed, 05 Oct 2011


Shares in Flybe have fallen by 40% after the airline issued a profit warning.

The UK airline - which operates a large proportion of the routes and from the Isle of Man - says the number of travellers on it's British Domestic services has slumped.

It's the second profit warning in the last five months.

The slump is expected to lead to a 1% drop in predicted sales for the first half of the financial year.

 

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