- Air New Zealand Announces NZ$45 Million Heavy Maintenance Contract for Hawaiian Airlines Boeing 767s[Jul. 24, 2007]
Air New Zealand Technical Operations has won a five-year contract to carry out heavy maintenance on Hawaiian Airlines' fleet of 18 Boeing 767 aircraft.
- Macquarie Puts Japan's Airports on The MAp[Jul. 28, 2007]
Macquarie Airports (MAp) has made its first foray into Asia with a AU$93.5 million investment in a Japanese company that operates three passenger terminals at Tokyo's domestic airport, Haneda.
- LAN's Second Quarter Profit Soars[Jul. 27, 2007]
LAN reported second-quarter net income of US$42.6 million, up 158.9% from US$16.5 million in the year-ago period.
- Deliveries, Orders, Profits Rising at Boeing[Jul. 26, 2007]
Robust sales across its commercial airplane range helped Boeing post a US$1.05 billion net profit in the second quarter, a reversal from the year-ago period's loss of US$160 million that resulted from one-time charges.
- Continental Posts US$228 Million Profit in Q2[Jul. 24, 2007]
Continental Airlines has reported second quarter 2007 net income of US$228 million (US$2.03 diluted earnings per share). Excluding a special charge of US$7 million for pilot pension plan settlement charges, Continental recorded net income of US$235 million (US$2.10 diluted earnings per share), an improvement of 13 percent compared to the same period last year.
- Lufthansa First Half Profit Approaches EUR1 Billion[Jul. 26, 2007]
Boosted by hefty nonoperating gains from asset sales and its investment in Swiss International Air Lines, Lufthansa reported a net profit of EUR992 million (US$1.37 billion) in the first six months of 2007, up from EUR85 million in the year-ago semester and representing a record high for the company.
- Singapore Airlines' Q1 Profit Falls 26%[Aug. 01, 2007]
Singapore Airlines, the world's biggest airline by market value, on August 1 reported a 26 percent fall in quarterly profit in the absence of one-off gains booked the previous year.
- Air India to Buy 60 New Jets[Jul. 30, 2007]
Air India Ltd, which is already buying new planes to spruce up its fleet, plans to order another 60 aircraft to meet rising demand for air travel in the world's second-fastest growing economy.
- Rolls-Royce Profits Cut by Half[Jul. 27, 2007]
Rolls-Royce Group, the world's second largest maker of aircraft engines, reported on July 26 that net profit fell by more than half in the six months ending June 30.
- Air Arabia Announces Net Profit of AED115 Million for First Half of 2007[Jul. 24, 2007]
Air Arabia, the first and largest low-cost carrier in the Middle East and North Africa, announced on July 24 that its financial results for the first half of 2007.