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Flyglobespan in “great shape" to weather a downturn

Premium Analysis

Flyglobespan, Scotland's largest airline, stated it is in "great shape" to "weather a downturn" and is on track to return to profit this financial year (with a profit of GBP2 million) after reporting its first full-year loss of GBP13 million in the 12 months to 30-Oct-07. The loss followed a GBP3 million profit in 2006.

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