Regional airline Flybe has landed a “breakthrough agreement” which it hopes will secure aircraft best-suited to its routes.
It said linked agreements with US regional airline group Republic Airways Holdings and Brazilian manufacturer Embraer would let Flybe reduce the number of craft it previously ordered.
Instead, Republic will order more planes, with Flybe leasing alternative craft from the US group.
“With the substitution of 20 E175 future deliveries by young and attractively priced Bombardier Q400s, our core UK branded fleet is now right sized to our capacity growth and aircraft renewal plans at a net cost broadly in line with our expectations,” said CEO Saad Hammad.
