Flyglobespan record 50% increase in profits

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FLYGLOBESPAN, Scotland's leading low-fares airline, produced another stellar performance as it recorded a 50 per cent rise in both profits and passenger numbers last year. The Edinburgh carrier's contribution to the profits of the Globespan Group rose to £3.1 million from £2m in the 12 months to 31 October, while passenger numbers increased by 50 per cent to almost 1.5 million. The group saw turnover rise to £163m from £98m, profits increasing to £6.2m from £3.7m. Great news. :D Not sure I agree with the bit later on about holding their own against competition at STN though...
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