Qantas Airways (QUBSF) suspended all flights of Airbus A380s after one of its planes was forced to make an emergency landing following engine failure.
The A380 fleet will remain grounded “until we are confident that Qantas safety requirements have be…
Airlines should not be forced to take full responsibility for extra security measures as governments try to respond to the discovery of bombs in air-cargo shipments last week, the International Air Transport Association said.
Responsibility for new s…
Ryanair (RYAAY), Europe’s largest low-cost airline, posted a 32% jump in earnings on higher traffic and prices.
The Dublin-based carrier had profit of 330.3 million euros ($461 million) in the quarter ended Sept. 30, up from 250.5 million euros a year earlier, Bloomberg News reported.
Sales rose 29% from a year earlier to 1.28 billion euros.
The company raised its forecast for…
Continue reading Ryanair Earnings Rise on Higher Fares
Ryanair Earnings Rise on Higher Fares originally appeared on DailyFinance on Mon, 01 Nov 2010 06:58:00.
Filed Under: Company News, Earnings, Retail
The discovery of two explosive devices found in packages on U.S.-bound cargo planes Friday raises new questions about security in the air-freight industry — and its potential cost. How big is the risk, and how much is security…
British Airways (BAIRY) posted its first quarterly profit in two years thanks to higher ticket prices.
The company reported earnings of 229 million pounds ($365 million) for the quarter ended Sept. 30, compared with a loss of 111 million pounds a year earlier, according to Bloomberg News.
Sales rose 18% to 2.51 billion pounds.
British Airways said that yields – a measure of…
Continue reading British Airways Reports First Quarterly Profit in Two Years
British Airways Reports First Quarterly Profit in Two Years originally appeared on DailyFinance on Fri, 29 Oct 2010 06:47:00.