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OTTAWA, Canada - Canada's airlines can expect a second consecutive year of losses in 2012, according to The Conference Board of Canada's Canadian Industrial Outlook: Canada's Air Transportation Indust
The International Air Transport Association (IATA) Monday reported a net profit of $4.4. billion for the international airlines sector and outlined a positive growth trajectory for the industry.
The International Air Transport Association (IATA) has again revised its industry outlook, expecting the world’s airlines to post profits of US$8.9 billion in 2010, as the industry recovers faster t
Air New Zealand has reported a fourfold increase in profits, leading signs of recovery in the airline industry.
InterContinental Hotels Group Plc, owner of the Holiday Inn brand, posted a first-half profit after a loss a year earlier on higher sales in China and as business travel improved.
SINGAPORE — Singapore Airlines Ltd. reported a fiscal first-quarter net profit, reversing a year-earlier loss, as the global economic recovery boosted air travel.
National Aviation Co. of India Ltd., the state-owned parent of Air India, plans to sell new bonds to sustain the company that has never posted a profit.
DALLAS — American Airlines is losing less money these days, but it's still on a losing streak that's approaching two years.
Delta Air Lines Inc. and UAL Corp.’s United Airlines may lead U.S. carriers to the first quarterly profit in two and a half years as the industry benefits from cutting seats during the recession.
Emirates Airline is on track to reap more than US$1 billion (Dh3.67bn) in profits this year and has hinted strongly it will announce a multibillion-dollar order for more Airbus A380 superjumbos today.
BABYLON, Iraq – A U.S.-funded program to restore the ruins of Iraq's ancient city of Babylon is threatened by a dispute among Iraqi officials over whether the priority should be preserving the site
SAO PAULO - Brazilian no-frills airline GOL Linhas Aereas Inteligentes SA's profit declined in the first quarter due to an increase in costs in the period.
DALLAS — Boosted by a modest rebound in business travel, Southwest Airlines Co.
Citing the performance to its fuel hedge positions and exchange variations as a consequence of the appreciation of the Brazilian currency, the real, against the US dollar,
London - British Airways said Monday that it has flown more aircraft during the second strike by its cabin crew so far, adding that its full-year profit outlook remains unchanged by the walkouts.
Malaysia Airlines is targeting a profit of 100 million to 300 million ringgit in 2010, which would mark an improvement in operating terms from 2009, CEO Tengku Azmil Aziz said on Wednesday.
Brazil's newest discount airline, Azul Linhas Aereas Brasileiras SA, carried 2.2 million passengers in its first year of operation and is likely to be profitable this year, said David Neeleman, founde
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