Air Mauritius has reported a marked turnaround in profits following a €10 million loss for the first quarter of 2015. For the same period this year, the airline has posted a €2 million profit thanks to favorable fuel prices, cost cuts, improved load factors to 77.2%, and growing traffic numbers ...
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FAAN CONTINUES TO GROUND INDEBTED AIRLINES
By
Dino D'Amore
25th January 2011