Air Transport World

MyTravel Airways.(Europe)(Brief Article)

The airlines of the embattled MyTravel Group, which made an operating loss for the year ended Sept. 30 of 358.3 million [pounds sterling] ($597.3 million) before exceptional items and goodwill, so far have been untouched by the UK tour operator active disposal policy. In order to reduce costs, MyTravel Airways, encompassing MyTravel Airways UK and MyTravel Airways Nordic, retired its older, noisier, less fuel-efficient aircraft and is seeking to increase the utilization of its fleet. …

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