- Japan Airlines Seen Posting Higher H1 Profit[Nov. 03, 2007]
Japan Airlines Corp (JAL) is expected to post a five-fold jump or more in half-year operating profit due to robust demand for its international flights and cost cuts, the Nikkei business daily said.
- ANA Posts Record Profits in First Half[Oct. 31, 2007]
Japan's second-largest carrier All Nippon Airways said its first-half net profit more than tripled to a record high on strong demand for international flights and the sale of its hotel business.
- Garuda Indonesia Posts US$24 Million Profit in First Nine Months of 2007[Oct. 29, 2007]
On Oct. 29, Garuda Indonesia announced that its profit in the first nine months of 2007 jumped 150 percent to Rp 218 billion (US$24 million) from the same period last year when it suffered a loss of Rp 436 billion.
- Solid International Growth at Melbourne Airport for First Quarter of 2007/2008[Oct. 22, 2007]
The first quarter of the 2007/2008 financial year has seen Melbourne Airport's international and domestic passenger numbers grow at a promising rate.
- Malaysia Airlines Eyes Record Earnings in 2007, Predicts Drop in Fares[Oct. 31, 2007]
Malaysia Airlines said on Oct. 31 that it aims to post record earnings this year after a business revamp, and expects to cut fares by up to 7 percent in the next few years.
- Adelaide Airport Profit Takes Off with Record Passenger Numbers[Nov. 01, 2007]
Adelaide Airport has passed the six million passengers a year mark for the first time, as it posted a AU$4.8 million before tax profit for 2006/07.
- US Airways Reports US$177 Million Profit, Pushes for Consolidation[Oct. 26, 2007]
US Airways reported net income of US$177 million, a turnaround from a net loss of US$78 million in the year-ago quarter, and said "capacity constraint" will allow for continued profitability despite rising fuel prices.
- Czech Finance Minister Welcomes Bidders for CSA[Oct. 31, 2007]
The Czech Republic's finance minister has welcomed all bidders for the state-run airline CSA but said the country is not in any concrete talks, a day after Russia's Aeroflot confirmed its interest.
- Incheon to Establish Budget Carrier with Tiger Airways[Nov. 01, 2007]
Incheon, which accommodates every carrier at its international airport, plans to set up its own airline.
- US$30 Billion for Emirates[Oct. 31, 2007]
Emirates, the Dubai-owned airline that may follow port operator DP World in selling shares to the public, may be valued at as much as US$30 billion, President Tim Clark said.