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Return to profits for local airline

The Exeter based airline Flybe has announced a return to profits in its latest financial results.

It made 8.1 million pounds in pre-tax profits in its full- year results to March 2014 - compared to a loss of 41.1 million last year.

The company has restructured in the last year which included cutting hundreds of jobs.

Its chief executive has acknowledged that difficult decisions had to be made to secure the future of the business.

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