Chief executive Mark Anderson made it clear that a major restructuring exercise was under way and couldn't deny job losses
www.devonlive.com
The local newspaper takes a slightly pessimistic view of the airline's headquarters remaining at Exeter following the interview with the Virgin Connect CEO (embedded in this linked report), but engineering and routes seem to have a better chance although everything appears to be up for negotiation and evaluation.
This quote from the CEO is perhaps relevant, “I’m in a number of conversations with the local authorities, with the airport and with others to look at how we can work more collaboratively to build a long-term strategic plan and to invest in the future. It’s true, we could be located in other places. We’re very proud of being in Exeter, but I don’t think that commitment can be taken for granted."
The cynic in me wonders whether they are looking for some financial support from the region keep the old Flybe presence at EXT - not necesarily the routes but the headquarters, engineering and training academy.