SkyEurope shows encouraging results in 4th Quarter
-Revenues up 114% -Encouraging result in Q4
-Revenues up 114% -Encouraging result in Q4
Atlas Air Worldwide Holdings, Inc. said that it has identified potential cost-savings and revenue-enhancement opportunities with the help of an external consulting firm which, if successfully realized, could benefit AAWW
British Airways announced plans to re-structure its business with a 35 per cent reduction in the number of its 1,715 managers by March 2008. The figure comprises a 50 per cent reduction in senior managers, from 414 jobs to 207, and a proposed 30 per cent reduction in middle managers from 1,301 jobs to 911
Bombardier announced a profitable third quarter amidst continued challenging aerospace industry conditions. With four of its airline customers under bankruptcy protection, the Corporation nevertheless reported earnings before income taxes from continuing operations (EBT) before special items of $27 million. -Consolidated revenues of $3.3 billion USD -EBT before special items of $27 million USD -Free cash
Malaysia Airlines released its second quarter results for the period ending September 2005, reporting a net loss of RM367.7 million. With the loss of RM280.7 million reported for the first quarter, the net loss for the six months is RM648.4 million. The second quarter loss was primarily attributable to continuing high fuel prices. Fuel costs
Frontier Airlines, Inc. (NASDAQ: FRNT) announced its intention to sell, subject to market and other conditions, $80 million aggregate principal amount of convertible debentures due 2025. Frontier is expected to grant the underwriters an over-allotment option to purchase up to an additional $12 million principal amount of debentures. The interest rate, conversion rate and offering
Copa Holdings, S.A., the parent company of Compa
The application of new principles for the purchasing of materials and services has brought Czech Airlines a cost savings of over 140 million CZK ($5.64 million). This is the result of the first phase of a CSA strategic project entitled
Goodrich Corporation (NYSE: GR) will host its Annual Investor Conference in New York City. Marshall Larsen, Chairman, President and Chief Executive Officer, as well as other senior management, will discuss the company’s financial results, performance and prospects with investors and security analysts. The entire conference will be webcast, and is scheduled as follows: Webcast Date:
-Revenues up to $1.8 bn (+30%) (2004:$1,358 mn) brought about by: increased seat capacity, up to 13,823 (+16%) and increased load factor, up to 74% (+3 pt). Revenues have been growing at 13% (CAGR) since 2001. -Net Profits up to $106 mn from (+ 31 % ) $81 mn over the same period in 2004.