Vueling reported a net loss of EUR 23 million in the first quarter of 2011. The result this quarter has been affected by a 41% rise in the price of fuel. Vueling achieved EUR 127 million turnover in the months from January to March 2011. The number of flights operated fell by 5% as the sharp increase in the price of fuel made it necessary to reduce frequencies so as to optimise the profitability of the operations. Revenue for the first quarter fell by 10% compared with the same period of last year.
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Please contact
Tamar Jorssen
Vice President Sales & Marketing
+1.778.213.8543
[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada
[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada