Vueling Airlines posted a second-quarter net profit of €2.9 million ($4.1 million), reversed from an €8.7 million deficit in the year-ago period, as it completed a restructuring plan based on network rationalization, access to new market segments, increased ancillary revenue and cost reductions. Revenue decreased 5.3% to €105.4 million and operating cost fell 25% to €92 million. Operating profit excluding restructuring costs was €13.4 million, reversed from an ...

Subscribe to Access this Entire Article

"Vueling returns to profit" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.