Ryanair reported a €123 million ($174.6 million) net profit in its fiscal first quarter ended June 30, reversed from a €90.5 million loss in the year-ago period, but it issued a warning that full-year net income will be at the lower end of its previous guidance of €200-€300 million because its full-year decline in [...]
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Virgin Group Chairman Richard Branson will sink another A$80 million ($65.3 million) into Brisbane-based Virgin Blue as part of a deeply discounted (31%) A$231 million capital raising designed to bolster a balance sheet buffeted by one-off costs and souring hedges. Link to the original site No tags for this post. Jet Airways suffered a INR2.25 billion ($46.1 million) loss in its first fiscal quarter ended June 30, a reversal from the year-ago period’s INR1.43 billion profit, but said that “operationally the performance has stabilized” and that efforts to reduce capacity and costs “have started to show results.” Link to the original site No tags [...] Hawaiian Airlines parent Hawaiian Holdings remained in the black in the second quarter, posting a $27.5 million profit that compared to a $54.3 million surplus in the year-ago period. Link to the original site No tags for this post.
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Link to the original site No tags for this post. SIA Engineering’s fiscal first quarter net profits fell 23.2% to S$45.1 million ($31.3 million) due to falling maintenance, repair and overhaul revenues. The… Link to the original site No tags for this post. Link to the original site No tags for this post. |
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