Sweden's FlyMe yesterday reported a SEK63.2 million ($8.8 million) loss in the first quarter ended March 31, a period it called "one of the most demanding and exciting" in its two-year history. The loss was nearly three times heavier than the SEK23.9 million reported in the year-ago quarter and reflected the LCC's significant commitment to growing its business. Toward the end of the quarter it launched new services to 11 European cities, overhauled its aircraft and increased daily ...

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