British carrier Flybe Group said today that its underlying loss for the full year would be at the lower end of its previous expectations and revenue growth would be relatively muted.
Flybe, Europe's largest regional airline, said revenue for the year ended March 2013 would be in line with the year earlier, at the lower end of its previous forecast.
The company had said in January that it expected year-on-year revenue growth of up to 2%. It recorded total revenue of £615.3m sterling in 2012.
Costs, including fuel, are estimated to increase by about 2.5%, in line with expectations, Flybe said.
Forward ticket sales revenue for Flybe UK for the 2013 summer flying programme currently shows an increase of 2% over the same period last year, driven by a growth in passengers.
