CityJet cuts losses to €10m in its ‘turnaround year’

Pre-tax losses at CityJet last year plummeted by 66% to €10m, in what the airline’s directors are calling “a turnaround year” for the company.

The decrease in losses at CityJet came despite its revenues having dropped by 8% from €179.8m to €165m.

The directors said they were “delighted”.