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Vueling doubles Q2 net profit to €7.7 million

Spanish low-cost carrier (LCC) Vueling (VY) posted a second-quarter net profit of €7.7 million ($9.5 million), more than double the €3.6 million it earned in the same quarter last year.

Vueling A320. Courtesy, VY Spanish low-cost carrier (LCC) Vueling (VY) posted a second-quarter net profit of €7.7 million ($9.5 million), more than double the €3.6 million it earned in the same quarter last year. Revenue rose 29.2% to €297 million year-over-year, while the number of passengers flown increased 18.5% to 3.88 million. Load factor was 75.5%, up 2.3%. VY attributed the increase in passenger numbers partly to a doubling of passengers connecting through ...

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