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 ...

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