Atlantic Airways reported a 2008 net profit of DKK15.3 million ($2.7 million), down 35.7% from DKK23.8 million in 2007, as passenger numbers jumped 65% to 593,113. The Faroe Islands-based carrier, which marked its 20th year in 2008, saw revenue rise 1.5% to DKK546.8 million. It projected a "reduction in activity" in 2009 owing to the economic downturn.

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