Spanish LCC Volotea carries 40% more passengers in 2017

Credit: Joe Pries

Barcelona-based LCC Volotea reported a net profit of €11.2 million ($13 million) for 2017 on revenue of €307 million, up 23% year-over-year (YOY). The company did not provide a net profit figure for the previous year. Ancillary revenue reached €105.1 million, or 34.1% of revenue. The airline earlier...

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