Luxair Group in the black for 2004

Luxair Group increased its net profit for financial year 2004 to €13.4 million ($17 million) from €3.6 million in 2003. Operating result progressed from a loss of €4.1 million in 2003 to a €3.9 million profit last year. Total operating income rose 6% to €323.6 million and operating expenses increased 3.3% to €319.7 million. Luxair posted a 3.1% gain in operating income to €177.6 million, while income from other services, including passenger and ...