Financial

Thai Airways International Public Company Limited announced its financial results for the fiscal year ending September 2005, reporting a net profit of 6,777 million baht. Mr. Somchainuk Engtrakul, Member of the Board of Directors Acting as President, Thai Airways International Public Company Limited, announced that THAI

Within a month of its successful listing on the ASX, Regional Express Holdings Limited (Rex), announced the acquisition of the Dubbo based regional / commuter airline Air Link. Under the agreement, all Air Link shares will be transferred to Rex for 100% ownership of the Company

-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

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

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