AirPlus International for 2014 reported revenue of €341 million ($358.1 million),

an 11.4 percent year-over-year increase, according to parent company Lufthansa Group’s annual report, released Thursday. With operating expenses up 3.4 percent to €302 million, AirPlus reported an operating profit of €39 million, a €25 million increase from the prior year. Full-year billing volume increased 7.2 percent from 2013 levels.