Air Mauritius reported a €25.4 million ($28.6 million) net loss for the nine-month period ending Dec. 31, 2018, down from a €10 million net profit for the year-ago period. The Indian Ocean-based carrier cited growing competition and increasing costs for the results. “It’s time to look for alternatives. This business model is no longer viable,” Air Mauritius board chairman Arjoon Suddhoo said Feb. 14, according to the local Defi Media news outlet. While revenue ...

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