Vueling's full-year loss soars; plans to unveil strategy next month

Vueling Airlines reported a sharp widening in full-year net loss to €63.2 million ($93.7 million), nearly six times worse than the €10.8 million loss posted in 2006, citing falling fares and record fuel costs as causes. The Spanish LCC's average fare dropped more than 20% in 2007 to €37.65 owing to...

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