Vueling makes profit of 3.6 million euros in second quarter of 2011

Vueling reported that it made a net profit of 3.6 million euros in the second quarter of 2011. Despite the sharp increase in the price of fuel (+51% compared with the same period of last year), Vueling managed to make a net profit of 3.6 million euros. EBIT was also positive, totalling 4.2 million euros, an EBIT margin of 2%.