Air China profits climb in 2014
Air China has reported a 17% increase in net income to CNY3.82 billion ($622.6 million) with a 7.8% increase in operating revenue to CNY105.88 billion. Operating expenses rose by 4.8% to CNY98.62 bill...
Air China has reported a 17% increase in net income to CNY3.82 billion ($622.6 million) with a 7.8% increase in operating revenue to CNY105.88 billion. Operating expenses rose by 4.8% to CNY98.62 bill...
Alaska Air Group has reported March and year-to-date operational results for its subsidiaries, Alaska Airlines and Horizon Air. On a combined basis, Air Group reported an 11.2% increase in traffic on ...
Following the crash of the Airbus German Wings A320, Air Mauritius has also introduced new procedures to ensure that no pilot is left alone in the cockpit during a flight. ...
Jazeera Airways reported a 4.9% increase in revenue for 2014 to KD68.8 million ($228.8 million) and although net profit rose 4.4% to KD17.4 million, it was affected by a “one-time non-recurring loss l...
El Al, the Israeli national airline, has posted a net loss of $28 million in 2014, compared to a $26.7 million profit in 2013. Revenue fell 1% to $2.08 billion, while operating expenses rose by 2.2% t...
Despite the decline in Russia international passenger traffic, Aurora Airline – a subsidiary of Aeroflot – has announced that it will increase the number of international services from Vladivostok dur...
São Paulo-based airline GOL has posted a full-year net loss of BRL1.12 billion ($415.8 million) in 2014, compared to the BRL724.6 million net loss recorded in 2013. Revenue rose 12.4% to BRL10.07 bill...
Qatar Airways and Cathay Pacific first announced a strategic code-share agreement in April last year, shortly after Cathay Pacific first started servicing Doha directly on 30 March 2014, complementing...
Oman Air has reported a 4% increase in total revenues to RO398.4 million. The carrier stated that it had reduced its operational losses by 4% to RO95.9 million ($249 million). The airline benefited by...
Finnair has acquired Flybe UK Ltd’s 60% ownership of Flybe Nordic for a transaction price of €1, and Flybe Nordic will transfer to Finnair’s ownership on an interim basis. The transaction closed on Ma...
China Southern Airlines plans to open 70 new routes for the summer season that will consist of 50 domestic services and 20 international and regional services. China Southern plans to expand several n...
China Eastern has reported a 44% rise in net profit to 3.4 billion yuan, the carrier disclosed in a statement to the Hong Kong stock exchange. "This result was also primarily due to the continuous imp...
We're Social