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SWISS reports record profits for 2017

Despite the name, SWISS is owned by German group Lufthansa. Swiss International Air Lines saw an increase in profitability of almost one-third in 2017, the company has reported. The performance is largely due to more efficient and capacious planes. While total income increased by a more modest 3.2% to CHF4.95 billion ($5.24 billion), pre-tax profits jumped by 31% to CHF561 million. This made the year 2017 one of the...

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