THY IN SHOCK LOSS
Turkish Airlines (THY) posted a third-quarter loss yesterday of 22.7 million Turkish lira ($16 million), confounding forecasts for net profit of 231 million lira. Sales amounted to 2.539 billion, in-l...
Turkish Airlines (THY) posted a third-quarter loss yesterday of 22.7 million Turkish lira ($16 million), confounding forecasts for net profit of 231 million lira. Sales amounted to 2.539 billion, in-l...
Pakistan International Airlines (PIA) has asked the government for $1.7 billion to help it stave off bankruptcy. The money is part of a five-year restructuring plan that promises cutbacks and an impro...
Jazz Air Income Fund has approved the trust’s conversion to a corporation. Some 99.9% of untiholders voted in favour of the proposed exchange of the fund’s units for shares in a new public company to ...
The US Bureau of Transportation statistics show total full-time and part-time employment was 564,221 in September, compared with August’s upwardly revised figure of 564,217. The prior-year figure was ...
Colombian flagship airline Avianca-TACA and Panama airline Copa Holdings SA (CPA) is to join Star Alliance. The alliance hopes the new members will add much needed Latin American routes to the network...
Bankrupt Mexicana has stated that it will start operations as a small airline by mid-December, pending approval of a restructured business plan by PC Capital. “The business plan proposed by PC Capital...
Nigeria Labour Congress and Trade Union Congress staged a peaceful rally at the Murtala Muhammed Airport, Lagos yesterday in protest – the first of three days of planned strikes. Local media reports s...
El AL has signed a code share agreement with Russian airline S7 Siberian Airlines. The airlines hope the agreement will ease travel between Tel Aviv and Novosibirsk. ...
From June 2011, British Airways introduce first class on its fights from London Heathrow to Las Vegas. A four-class 747 aircraft will replace the existing 777 used on the route, which will increase ca...
UK trade union Unite has said it will not recommend British Airways’ latest offer to its members, calling it a “step too far”. The new deal requires cabin crew to drop all outstanding legal claims ari...
Scandinavian airlines SAS has posted a loss in the third-quarter of 1.1 billion kronor ($164 million), compared with a previous profit of 152 million kronor. The loss was due mainly to one-time items ...
China Airlines (CAL) has introduced new daily services linking Taipei and Kaohsiung to Tokyo. Two daily flights between Taipei-Songshan and Tokyo-Haneda airports will make travel between Taiwan and Ja...
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