UK regional airline Flybe has reported stable passenger volumes but load factors were hit by terror attacks in Paris.

In its latest quarterly update, the budget airline reported a load factor of 68 per cent for the three months ending March 31, down 2 per cent on the same period last year.

Passenger numbers were maintained at 1.8 million.

CEO Saad Hammad said the transformation programme Flybe remains on track on deliver its three-year turnaround programme.

“Our booking profile for the summer reflects our capacity investments and our growing appeal to business travellers who typically book as close as possible to their day of travel,” said Hammad.

“We look forward to making further progress over the coming year as we enter the next chapter of our journey which is focused on disciplined and profitable growth.”

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