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Five hundred job cuts at Exeter airline Flybe

The Exeter based airline Flybe has announced a further 500 job cuts, despite reporting a return to profits.

The company has been reducing staff numbers during this year and says its turnaround plan is on track to make £40m of savings this year and £45m in 2014-15.

But today its chief executive said further redundancies are planned and he will consult trade unions and employees to ensure that it's done fairly.

He's also going to review unprofitable routes and bases.

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