€6.5m profit for CityJet

AIR France-owned CityJjet made an operating profit of €6.5 million in the year to March 2003.

The airline, which is based in Dublin, said that its revenue had risen to €153m, while net liabilities were reduced from €7m to €2.4m.

Geoffrey O’Byrne-White said the results were achieved in a difficult operating and global environment and was largely due to stringent control over operating costs and a business strategy based on sustainable development of the Charles de Gaulle hub in Paris.