Mexico City-based Grupo Aeromexico reported MXP783 million ($53 million) in consolidated net profit for 2014, down 27.5% from the airline’s 2013 net profit of MXP1.08 billion. A strong fourth-quarter performance of MXP761 million in net income kept the group in the black for 2014, following weak quarterly results earlier in the year (a net profit of MXP201 million in the third-quarter and net losses of MXP89million and MXP90 million in the second and first quarters, ...

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