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FLYBE COMMENT ON CHANCELLOR’S BUDGET STATEMENT

 

18 MARCH 2015

Commenting on today’s Budget, Flybe’s Chief Executive Officer Saad Hammad, said:

“Today’s budget represents yet another missed opportunity for the Chancellor to cut or indeed to abolish APD, which has acted as an unfair and discriminatory tax on the UK’s regions and stifled economic growth for far too long."

“Economic experts have shown that abolishing APD would boost UK GDP by £5bn, more than offsetting the loss of tax revenue from APD. Despite continuing efforts by Flybe to engage with the Government to emphasise the unfairness and counter-productive economic impact of APD, the needs of our regional passengers are still being ignored. The next Government needs to listen to the UK regions and start delivering on the reform of this unfair and discriminatory tax as soon as possible.“

ENDS


For further press information, or to arrange an interview, please contact the Flybe press office: T: 0845 675 0681 E: pressoffice@flybe.com

Flybe, Europe's largest regional airline – 199 routes serving 12 countries from 84 departure points, 37 UK/47 European airports* (all routes on sale Mar ’15 – Oct ‘15); operates more UK domestic flights than any other airline (UK CAA Feb ’14 - Jan’15); named top UK airline for punctuality in report issued by UK consumer watchdog Which? (Dec 2014); is the largest scheduled airline by air traffic movements at Belfast City, Birmingham, East Midlands, Exeter, Inverness, Isle of Man, Jersey, Leeds Bradford, Manchester, Newquay and Southampton airports (UK CAA Jan ’15); operates fleet of 60 aircraft – 45 Bombardier Q400, 4 Embraer 195 & 11 E175; codeshares with BA, Air France, Etihad, KLM, Finnair, Aer Lingus and Cathay Pacific; has two franchise partners, Loganair and Stobart Air.

* Flown under the Flybe brand (27 routes/11 airports exclusively served by Flybe’s franchise partner, Loganair: and four routes and three airports exclusively operated by franchise partner, Stobart Air)