Vueling reports first ever profit in 2008, ahead of clickair merger
Vueling provided an upbeat outlook for 1Q09, based on lower fuel prices and an expected increase in revenue per flight, after posting its first net profit of EUR8.5 million in 2008, aided by a EUR47 million tax credit on losses incurred since its launch in 2004. The profit compared to a EUR78.5 million net loss in 2007 and is a significant achievement for the LCC, especially in the current operating environment.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.