Vueling A320. Photo: By Rob Finlayson. Vueling Airlines reported a first-quarter net loss of €23.6 million ($35 million), widened from a €6.3 million deficit in the year-ago period, citing sharp increases in fuel costs and a “significant” 15% fare reduction owing to the weak domestic Spanish market and increased competition. The adverse environment “forced tactical flight schedule cuts,” resulting in a 6% capacity reduction year-over-year. Revenue ...

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