Belfast Telegraph

Flybe boss Jim French to step down as chairman

Press Association

Flybe boss Jim French, credited with turning the regional carrier into a major player in the European aviation market, is stepping down as chairman after more than 20 years with the company.

Mr French took the controls as chief executive in 2001 but relinquished this role to Saad Hammad over the summer.

He stayed on as chairman but has now been replaced with immediate effect by former Safeway finance director Simon Laffin.

The new chief executive – a former chief commercial officer at rival easyJet – faces a battle to restore the Exeter-based carrier to profit growth after annual losses soared to £40.7m earlier this year.

Belfast Telegraph