Airline Transavia hit by tough competition

Thursday 31 May 2007

Strong pressure from competitors will hit earnings this year, airline Transavia said on Thursday. Transavia booked turnover up 15% at €684.2m last year.

‘To keep operating with increased competition, further growth is needed to reduce costs,’ Transavia said.

The company said there are limited growth opportunities in the Netherlands and it plans to invest in new products and markets.

© DutchNews.nl

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