The Exeter based airline Flybe says it's on track to recovery and profitable growth, despite reporting an end-of-year pre-tax loss of 35.6 million pounds.
The company is one year into a three year transformation plan which has seen job losses and major cost-cutting.
A year ago it reported profits of 8.1 million pounds.
Flybe says a number of one-off and technical items mask its underlying profit performance - including a charge related to its exit from a joint venture in Finland.
Labour retains control of Exeter City Council
Despite losing a seat to the Greens and an independent
Devon voters go to the polls
A third of Plymouth City Council seats are up for grabs
Clyst valley park could double in size
Residents will have their say
Multiple arrests made in Exmouth
Patrols stepped up to tackle big issues
Devoncast - Exeter Pride, Torbay tourism and Tavistock trains
Devoncast features the latest news and views from around Devon
