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nasair reports better financial performance in 1Q2012

2-May-2012 1:29 PM

nasair CEO Francois Bouteiller said the carrier is profitable “from an operational perspective” and the airline “enjoyed” a good 1Q2012, as reported by Gulf News. Mr Bouteiller said the carrier had expected to be profitable in 2011 but ended the year with a loss. The airline has faced a “challenging couple of years” due to oil prices and regional uncertainty.