Profits slump for Aeroméxico
Operating profit at Grupo Aeroméxico has fallen by 32.2% to MXP2.5 billion ($197.1 million), although revenue increased by a record 10.5% to MXP39.5 billion. Net income was down 25.3% to MXP1.3 billio...
Operating profit at Grupo Aeroméxico has fallen by 32.2% to MXP2.5 billion ($197.1 million), although revenue increased by a record 10.5% to MXP39.5 billion. Net income was down 25.3% to MXP1.3 billio...
Air Namibia is preparing to present a rescue plan to the Cabinet treasury committee on the short- and long-term viability of the national carrier. The government allocated an amount of N$822 million t...
SAA’s planned R1.5 billion debut bond issuance will be backed by a government guarantee. The sale is planned for March to take advantage of near record low yields. Because SAA has already borrowed R1....
Sheikh Ahmed bin Saeed Al Maktoum, chairman of FlyDubai, has indicated that the low-cost carrier is in talks with Boeing and Airbus concerning a possible order for 50 narrow-body aircraft. An announce...
3,807 jobs in the airline are affected. There will now be a 30 day consultation process. This changes are part of Iberia's transformation plan to “introduce permanent structural changes across the air...
Ryanair was notified yesterday at a State of Play meeting with the EU Commission, that the Commission intends to prohibit Ryanair’s offer for Aer Lingus, despite the fact that Ryanair has met every co...
Qantas has nearly tripled its first half profit as it begins to realise the benefits of recent tough decisions, its chief executive says. Qantas made a net profit of $111 million in the six months to ...
Dr Gonsalves, who is chair of the Liat shareholder governments, now up to four with the recent inclusion of the Commonwealth of Dominica, indicates he doesn’t want a fight with the Kamla Persad-Bisses...
In 2012 Finnair turnover grew by 8.5% to €2.4bn with an operational profit of €44.9 million co0mpared to a €60.9 million loss in 2011. Net profit was €11.8 million, again reversing a loss of €87.5 mil...
For the month of December 2012 JSC “Aeroflot – Russian Airlines” passenger traffic increased by 16.3% against the same period in 2011 and totaled 1,393,600 passengers. International passenger traffic ...
Kingfisher Airlines reported a third-quarter net loss of Rs 755.17 crore – 70% more than the Rs 444.26 crore posted in the year-ago quarter. The grounded airline did not report any revenue for the qu...
AirAsia Group has announced that it carried 33.826 million passengers in 2012 – a rise of 13% from the 29.859 million carried during the previous year. The number of seats flown rose 13% also to 42.42...
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