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Vueling posts net profit of €41 million during the third quarter

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Vueling posts net profit of €41 million during the third quarter

Catalan airline Vueling posted an operational profit of €60.8 million at the end of the third quarter (between July and September), a 2% increase over last year. Although the operational profit, before taxes and financial interests, almost reached €61 million, the net profit remained at €41 million, 5.38% less than the same period last year.

The airline credited the increase in passengers for the increase; traffic grew by 20.8% compared to the same quarter in 2010. Load factor for the airline was also up by more than three points at 80.5%.

Turnover reached €330.478 million, an increase of 19.5% compared to the same period in 2010.