As part of Flybe's restructuring process, the airline has sold all of its Gatwick slots to Easyjet and started flying instead from London City Airport in October 2014. Flybe chief executive Saad Hammad said: "These results demonstrate that we are beginning to deliver on the company's growth opportunities and that we've tackled the majority of the company's legacy issues. "There is clearly more to do; further improvements in efficiency, further cost reductions and the resolution of our remaining surplus aircraft. However, one year into our turnaround, we have a clear line of sight towards profitable growth." Flybe added that its routes from London City and other UK airports were being "optimised with capacity diverted to the most successful". The airline has already announced that it will be cancelling its London City-Dublin route from May 31. The airline said that its routes from London City were "showing promising progress" with load factors reaching 70 per cent within five months.