Sterling Airlines managed to reduce its full-year net loss drastically to DKK34 million ($7.2 million) in 2007, narrowed from the DKK166 million deficit it posted in the prior year. Revenue decreased 0.8% to DKK3.89 million as average fare fell 5.2% to DKK805. Ancillary revenue per passenger, however, increased 55.4% to DKK101. "We are very proud of our company's development despite the tough operating environment in aviation. Our EBITDA of DKK15 million last year was an improvement of over ...

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