August 1, 2012
Vueling doubles net profit in second quarter
Vueling made a net profit of €7.7m in the second quarter of 2012, an improvement of 115% compared to the same period of last year. The operating profit (EBIT) tripled compared with the previous year and amounted to €12.1m. Vueling’s total revenue rose by 29.2%, up to €296.9m. This rise in revenue was the result both of the improvement in unit revenue and the greater operating capacity (+21.5% of available seat kilometres). Consequently, the revenue per available seat kilometre (ASK) rose by 5.7% on last year.