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patacas. (753 the countrys largest airline by market value, posted.4 percent drop in profit in the first six months of the year as a weaker yuan inflated overseas debt payments. It said it required some 65 million to meet future cash flow needs and will secure the funds through the sale of noncore assets, bridge loans and fresh capital. Ir Canada loss from profit last year News reports state that Air Canada on Friday reported a loss in the first-quarter, compared with a profit a year earlier, hurt in part by fuel costs that rose 48 per cent. All tickets issued prior to 15 December 2006 will be covered and claims accepted in the event that the airline fails financially. The airline said the move would freeze the demands of its creditors while it negotiated fresh investment and continued operating services between the UK, Canada and the.

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Aero recently suspended its operation to Accra, Ghana, a decision it attributed to unavailability of aircraft. Iberia swings to first-quarter net loss on high fuel costs News reports state that Iberia Group said it its first-quarter results were "dulled" by sharp hikes in the price of fuel, resulting in a net loss of 441,000 (684,000 define binary trading usa legal reversed from a profit.3. Continental reports first-quarter loss News reports state that Continental reports first-quarter loss, redeems golden share, considers leaving SkyTeam Friday April 18, 2008 Continental Airlines reported a first-quarter net loss of 80 million, reversed from a 22 million profit in the year-ago period, and confirmed yesterday. But costs were.9 to NOK6.03 billion as fuel expense more than doubled. The slowdown, sanctions, and a fall of the ruble which raises the cost of foreign travel and holidays, have undermined travel agencies and put the brakes on recent 20-percent annual growth of air-passenger traffic. To settle the ensuing problems, the airlines will continue maintaining limited flight services today, thanks to fuel oil lent by CPC Corp. KLM Air France profit warning send shares falling News reports state that Air France-KLM profit warning bruised European airline shares on Tuesday, as the latest evidence of overcapacity set the stage for possible further job cuts. 23 February 2010 China Southern receives another CNY1.5 billion from Beijing News reports state that China Southern Airlines received a CNY1.5 billion (219.6 million) capital injection from the Chinese government that is expected to reduce the carrier's debt ratio, which stood at around 80 last. The company's activity in terms of revenue passenger kilometers (RPK) increased.1. Its profit through the first nine months of 2007 was CNY3.5 billion and it was CNY1.24 billion in the black through the first half of 2008 Indian downturn, Kingfisher reports loss News reports state that volatility in the Indian market continued yesterday as Air India. Finnair, which over the past two quarters has been trying to cut costs radically through outsourcing and job-cuts, said that it had been especially hard-hit by the rising price of fuel.

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