Bumpy switch to new models hits Airbus Group’s third-quarter profits
(Reuters) Airbus Group (AIR.PA) posted lower than expected third-quarter profits on Wednesday, led by a faltering performance in its core commercial jet division and continued…
profits
Ryanair raises outlook, soars to record high
(AP) — Ryanair sharply raised its profit outlook on the back of surprisingly strong first-half profits, sending shares in Europe’s biggest budget airline to a…
Emirates first-half profits modest ‘due to rising fuel cost’
Dubai’s Emirates Airline on Tuesday posted a two percent increase in half yearly profits, blaming high fuel costs and an “unfavourable” currency exchange environment for…
Ryanair profits rise, confirms Aer Lingus takeover plan
AFP Ryanair on Monday said that net profit rose 21 percent in the group’s third quarter, as the Irish no-frills airline confirmed a proposal it…
EasyJet says annual profits soar
(AFP) British budget airline easyJet said Tuesday that annual net profits surged by 13 percent, boosted by demand for low-cost air travel, and more than…
Boeing hikes earnings forecast
(AFP) US aerospace and defense giant Boeing on Wednesday reported lower third-quarter profit than a year ago but hiked its full-year forecast. The Boeing Company…
Weak Economy, Weak Profits – 2012 Looking Even Tougher for Aviation
Singapore – The International Air Transport Association (IATA) announced an upgrading of its industry profit expectations to $6.9 billion (up from $4.0 billion projected…
Outlook Downgraded to $8.6 Billion – High Oil Price Cuts Airline Profits by Almost 50%
Geneva -Â The International Air Transport Association (IATA) downgraded its airline industry outlook for 2011 to $8.6 billion from the $9.1 billion it estimated in December…
Higher fuel costs weighed on full-year profits at EasyJet
Although the price of oil has fallen from a high of $147.27 in July 2008 to about $80 a barrel this month, EasyJet’s locked-in hedges…
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