Corporate news review Friday 1st September 2017

Flybe Group FLYB announces the start of its alliance with Eastern Airways (UK) Ltd. The two have signed a joint revenue and risk sharing agreement, covering four Eastern aircraft, to fly existing Flybe branded routes from Aberdeen, Edinburgh, Glasgow and Manchester. These flights start today, and will significantly enhance connectivity in Scotland. Ramsdens Holdings RFX […]

boohoo Revenue Surges

boohoo.com BOO now expects full year growth to February 2018 will be about 60% and ahead of previous guidance for revenue growth by some 50%. Group revenue for the quarter to 31st May increased by 106%, or on a like for like basis by 78% Auto Trader Group AUTO will have a happy band of […]

Flybe Full of Grumbles

Flybe FLYB The airline industry is in for a rough time if Flybe’s grumbles are anything to go by. On the other hand reading todays update for the quarter to the end of March does read a bit like a management clutching at straws. It claims to have suffered from airline overcapacity, coupled with weak […]

Home Retail Still Clueless On Customer Overcharging

Home Retail Group HOME Having admitted that its Financial Services division had been overcharging customers on excess fees., has now discovered that the practice was far more widespread than had been initially discovered. There’s a sign of good strong management for you – it can’t even correct its mistakes properly. The result is that it may […]