Avianca 3Q net profit down 7.6%, passengers up 7.5%

Credit: Courtesy, Avianca
Panama City-registered Avianca Holdings reported third-quarter net profits of $33.2 million, down 7.6% from $35.9 million posted in the year-ago period. Operating revenues were $1.23 billion, up 3.9% year-over-year, as expenses rose 10.2% to $1.16 billion. Resulting operating income for the quarter...

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