Luxembourg-based aviation company LuxairGroup, parent of Luxair, reported a 2014 net profit of €9.7 million ($11.8 million), a more than fivefold increase from €1.9 million in the year-ago period. Luxair Luxembourg Airlines reported a 2014 operating loss of €8.4 million, narrowed from a €12 million loss in the prior year. “The year 2014 was marked by the crossing, for the first time, of the one-million-passenger-threshold by Luxair Luxembourg ...

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