Exeter-based airline Flybe plans to cut around 300 jobs
Around 300 jobs are to be axed at regional airline Flybe as it battles to slash costs by £35 million to stem losses.
The Exeter-based carrier today announced plans to cut around 10 per cent of its 3,000-strong UK workforce, including around 95 posts in Exeter. It is understood around 45 per cent of the roles under threat in Exeter are managerial and head office posts, with engineers making up the rest.
Flybe chief executive Jim French said those staff affected are likely to leave the business "in a matter of months", subject to consultation with unions. He also suggested increased automation of check-in procedures could lead to reduced staff numbers at airports across the UK.
The group, which flies from airports including Exeter, Bristol, Cardiff, Doncaster, Edinburgh and East Midlands, is also putting its network of 13 UK bases under review and will give further details in the summer.
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Flybe, which outsourced its call centre last month in a move impacting 55 jobs, slumped into the red by £1.3 million in the six months to September 30 against profits of £14.3 million a year earlier.
It blamed the loss on high fuel costs and falling numbers of fliers.