Flybe plans 300 job cuts in revamp programme 23 January 2013 Last updated at 08:27 Regional airline Flybe has said it is planning to cut about 300 jobs as part of a programme to return the carrier to profitability in 2013-14. The Exeter-based airline said the cuts would lower UK staff numbers by 10%, reducing costs by £35m. Flybe said it did not expect "significant" changes to the number of its UK bases or route network, but said it would be reviewing its network. The airline reported a loss of £1.3m in the six months to 30 September. That compared with a profit of £14.3m a year earlier. Under the turnaround plan, the company said it would reorganise itself into two divisions. Flybe UK will cover all UK-based scheduled flight services, while Flybe Outsourcing Solutions will cover all outsourced services such as contract flying and training. The job losses will be seen in the Flybe UK business. The airline said consultation with affected staff and their trade unions would start immediately. "I am extremely disappointed that many valued and hard-working colleagues may have to leave the organisation," said Flybe chairman and chief executive Jim French. We will make every effort to minimise the impact and to offer support wherever possible in the transition.