Air Mauritius Group returned to profit in its most recent fiscal year, posting €17 million ($26.4 million) in earnings in the 12 months ended March 31 compared to a €6.7 million loss in the prior year. Yesterday, the carrier also announced that current shareholders including the Mauritius government reached agreement with British Airways to purchase its 10.5% stake in the airline for £3.2 million ($6.3 million). BA had held the stake, comprising a 13.24% share of Air ...

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