Luxembourg-based aviation company LuxairGroup, parent of Luxair, reported a 2014 net profit of €9.7 million ($11.8 million), a more than fivefold increase from €1.9 million in the year-ago period.

LuxairGroup: "The feint upturn in demand that was registered at the beginning of 2010 unfortunately leaves little hope for a regular result for 2010. The weak demand was undermined by a harsh winter ...

Revenue: EUR471.6 million, +5.6% year-on-year; EBIT (loss): EUR1.9 million, compared to a loss of EUR16.8 million in p-c-p; Net profit: EUR1.9 million, compared to a loss of EUR10.5 million in p-c-p; ...