Air Transport World articles from December 2008

Air Transport World archives from December 2008

Trends.(airline traffic)(Statistical table)
December 1, 2008... WORLD AIRLINE TRAFFIC JANUARY-AUGUST 2008 US 2008 2007 % chg RPKs (mil.) 911,981 907,798 0.5 ASKs (mil.) 1,133,380 1,118,416 1.3 Pass. (000) 516,200 523,500 -1.4...

Bleaker times ahead.(EDITORIAL)(Financial report)
December 1, 2008... It is hard to argue with British Airways CEO Willie Walsh's observation that the April 1-Sept. 30 financial semester "will be remembered as one of the bleakest on record," what with record fuel prices, the credit crisis and the failure of...

Delta, Northwest become one.(NewsBriefs)(Northwest Airlines Corp. and Delta Air Lines Inc.)
December 1, 2008... Delta Air Lines completed its acquisition of Northwest Airlines on Oct. 29 after the US Dept. of Justice said it would not challenge the deal. DOJ said its antitrust division concluded that the merger "is likely to produce substantial and...

Lufthansa to take over bmi as Bishop cashes out.(NewsBriefs)(British Midland Airways Ltd.)(Deutsche Lufthansa AG)
December 1, 2008... Bmi Chairman Michael Bishop exercised his put option requiring Lufthansa to purchase his 50%-plus-one-share in bmi. If completed, the deal will give LH 80% of bmi pending SAS Group's expected sale of its 20% share. Bmi has a 12% share of slots...

Sustainable biofuel flight set for this month.(NewsBriefs)(Brief article)
December 1, 2008... The first flight of a commercial aircraft partly powered by a sustainable second-generation biofuel is scheduled to take place on Dec. 3 using an Air New Zealand 747-400. Fuel is a 50/50 blend of Jet A1 and a fuel derived from seeds of the...

Delta Air Lines.(AUTUMN WEDDING)
December 1, 2008... Delta Air Lines completed its acquisition of Northwest Airlines in late October. Fully integrated schedules are planned for the first half of 2009. [ILLUSTRATION OMITTED]

EU Council approves ETS from 2012.(NewsBriefs)(Brief article)
December 1, 2008... EU Council on Oct. 24 adopted the European Commission directive to include aviation in the EU emissions trading system. The decision was made "without discussion" at the Council meeting of the EU Justice and Home Affairs Ministers, according to...

787 first flight date officially up in the air.(NewsBriefs)
December 1, 2008... Boeing confirmed early last month that the 787 will not fly this year, attributing the new delay to the 58-day strike by 27,000 workers represented by the International Assn. of Machinists and Aerospace Workers. A revised timeframe had not been...

JAL Group.(ASIA/PACIFIC Report)(sales and earnings)(Financial report)(Brief article)
December 1, 2008... JAL Group net income for the fiscal first half ended Sept. 30 surged to [yen]36.6 billion ($374 million) from [yen]7.3 billion in the year-ago period. First-half revenue decreased 6% to [yen]1.07 trillion while operating expenses dipped 4% to...

ANA Group.(ASIA/PACIFIC Report)(Financial report)(Brief article)
December 1, 2008... ANA Group reported a net profit of [yen]22 billion ($224 million) for its fiscal first half ended Sept. 30, a 79.1% drop from [yen]105.5 billion earned in the year-ago period. It cited "declining passenger numbers" and high fuel costs and noted...

Singapore Airlines.(ASIA/PACIFIC Report)(sales and earnings)(Financial report)(Brief article)
December 1, 2008... Singapore Airlines earned S$323.8 million ($219.4 million) in its fiscal second quarter ended Sept. 30, down 32.6% from the S$507.8 million earned in the year-ago period, as fuel costs took their toll. Revenue climbed 10.4% to S$4.38 billion...

Asiana Airlines.(ASIA/PACIFIC Report)
December 1, 2008... Asiana Airlines lost KRW47.9 billion ($36 million) in the third quarter, reversed from a KRW37 billion profit in the year-ago period, as it suffered from high fuel prices and the weakening won, which fell 13% against the dollar in the quarter....

Air China.(ASIA/PACIFIC Report)
December 1, 2008... Air China posted a net loss of CNY1.9 billion ($276.5 million) in the September quarter owing to weak domestic market demand and fuel hedge writedowns, a big reversal from the CNY2.2 billion profit in the year-ago period. Operating revenue fell...

China Eastern Airlines.(ASIA/PACIFIC Report)
December 1, 2008... China Eastern Airlines suffered a CNY2.33 billion ($339.5 million) third-quarter net loss, reversed from a CNY976.5 million profit in the 2007 period, on a 13.7% decrease in operating revenue to CNY10.81 billion. Like CA, it attributed the...

China Southern Airlines.(ASIA/PACIFIC Report)
December 1, 2008... China Southern Airlines lost CNY810 million ($118 million) in the September quarter. Operating revenue dropped 11.6% to CNY14.59 billion against a 14.2% increase in expenses to CNY14.07 billion.

Hainan Airlines and Shanghai Airlines.(ASIA/PACIFIC Report)
December 1, 2008... Hainan Airlines and Shanghai Airlines posted third-quarter net losses of CNY260.8 million ($38.1 million) and CNY437.4 million respectively. Hainan reported a CNY228.9 million profit in the third quarter of 2007 while SAL earned CNY77.3...

Direct air routings.(ASIA/PACIFIC Report)
December 1, 2008... Direct air routings across the Taiwan Strait should become a reality following the signing of a new agreement between Beijing and Taipei authorities (ATW, 11/08, p. 36). The deal, which will take effect this month, will allow carriers to bypass...

Jet Airways.(ASIA/PACIFIC Report)
December 1, 2008... Jet Airways lost INR3.85 billion ($71.5 million) in its fiscal second quarter ended Sept. 30, reversed from a INR283 million profit in the year-ago period, as the grave conditions that forced it into an alliance with rival Kingfisher Airlines...

Indian Ministry of Civil Aviation.(ASIA/PACIFIC Report)(Brief article)
December 1, 2008... Indian Ministry of Civil Aviation announced in late October that Indian airlines will have until March 31 to pay their outstanding fuel bills to the Ministry of Petroleum and Natural Gas and, in addition, will be able to procure their fuel on...

Thai Airways.(ASIA/PACIFIC Report)
December 1, 2008... Thai Airways reported a THB426.2 million ($12.1 million) profit in the third quarter, reversed from a THB971.1 million deficit in the year-ago period, according to a company statement cited by Reuters.

Pakistan International Airlines.(ASIA/PACIFIC Report)(Financial report)(Brief article)
December 1, 2008... Pakistan International Airlines posted a PKR20.4 billion ($249.2 million) loss in the third quarter, widened from a PKR3.15 billion deficit in the year-ago period on higher fuel costs and currency charges, according to a stock exchange filing...

SpiceJet.(ASIA/PACIFIC Report)
December 1, 2008... SpiceJet named former Flight Options COO and Chief Strategy Officer Sanjay Aggarwal as CEO. Aggarwal also was a former manager-financial planning at US Airways.

Airbus and Air India parent National Aviation Co. of India.(ASIA/PACIFIC Report)(Airbus S.A.S. and National Aviation Company of India Ltd. signs joint venture agreement)(Brief article)
December 1, 2008... Airbus and Air India parent National Aviation Co. of India signed a joint venture agreement to establish an MRO center at Delhi's Indira Gandhi International. Total project cost is estimated at $40 million over five years.

Rockwell Collins.(ASIA/PACIFIC Report)
December 1, 2008... Rockwell Collins will provide China Cargo Airlines with communication, navigation and surveillance avionics for 10 777Fs with deliveries beginning in December 2009.

Honeywell.(ASIA/PACIFIC Report)(Honeywell Inc. signs distribution agreement with China Eastern Airlines Corporation Ltd.)(Brief article)
December 1, 2008... Honeywell will supply China Eastern Airlines with its 131-9A APU for 30 forthcoming A320s. Deal includes a 10-year maintenance agreement and covers additional A320 deliveries. Honeywell signed a 10-year, $21 million contract with Kunpeng...

SR Technics.(ASIA/PACIFIC Report)(contracts with Eastar Jet )(Brief article)
December 1, 2008... SR Technics finalized a 10-year deal with South Korea's Eastar Jet for its Integrated Airline Solutions package covering components, engines, APUs and landing gear on 737NGs.

Sabre Airline Solutions.(ASIA/PACIFIC Report)
December 1, 2008... Sabre Airline Solutions opened a center in Bangalore to enhance customer service and expand support capacity.

Amadeus.(ASIA/PACIFIC Report)
December 1, 2008... Amadeus deployed its e-Retail solution at Hainan Airlines allowing customers to book their tickets in English, French, German, Japanese, Korean and Simplified Chinese.

Product Development Co.(ASIA/PACIFIC Report)
December 1, 2008... Product Development Co. announced that AMECO Beijing successfully deployed Arbortext, PTC's product information delivery software for updating MRO-related manuals.

Hong Kong Airport Services.(ASIA/PACIFIC Report)
December 1, 2008... Hong Kong Airport Services and Hong Kong International Airport Services agreed to a merger forming a single ground-handling company. Financial terms were not disclosed.

AirAsia X.(X MARKS THE SPOT)
December 1, 2008... AirAsia X recently took delivery of the first of 25 A330-300s in ceremonies in Toulouse. The long-haul LCC launched new service between Kuala Lumpur and Melbourne in November. [ILLUSTRATION OMITTED]

British Airways.(EUROPE Report)
December 1, 2008... British Airways reported a consolidated net loss of [pounds sterling]49 million ($72.9 million) in its fiscal first half ended Sept. 30, implying a steep second-quarter deficit of [pounds sterling]76 million, a reversal from earnings of [pounds...

Iberia.(EUROPE Report)(sales and earnings of Iberia Lineas Aereas de Espana S.A.)(Financial report)(Brief article)
December 1, 2008... Iberia third-quarter net income fell 79.5% to [euro]30.4 million ($38.6 million) from [euro]148.2 million in the year-ago period on rising fuel costs and weaker demand. Operating revenue slipped 0.6% to [euro]1.45 billion while costs rose 8.7%...

SAS Group.(EUROPE Report)(sales and earnings of Scandinavian Airlines System)(Financial report)(Brief article)
December 1, 2008... SAS Group's third quarter, which was blackened by the August Spanair MD-82 accident, ended with a SEK2.01 billion ($260 million) net loss that largely was due to a SEK1.96 billion goodwill impairment at the Spanish subsidiary. In the year-ago...

Ryanair.(EUROPE Report)(sales and earnings)(Financial report)(Brief article)
December 1, 2008... Ryanair reported a [euro]185.8 million ($236.3 million) net profit in its fiscal second quarter ended Sept. 30, a 31% drop from the [euro]268.7 million earned in the year-ago period, as fuel costs jumped 109% to [euro]422 million. Operating...

Austrian state holding company.(EUROPE Report)
December 1, 2008... Austrian state holding company OIAG said that it "will only hold concluding talks with Lufthansa" regarding the privatization of Austrian Airlines Group. OIAG now holds 41.6% of Austrian. LH reportedly has offered approximately [euro]360,000...

Finnair.(EUROPE Report)(sales and earnings of Finnair Oy)(Financial report)(Brief article)
December 1, 2008... Finnair reported a [euro]17.3 million ($22 million) third-quarter loss, reversed from a [euro]39.6 million profit in the year-ago period. Turnover rose 2.7% to [euro]559.7 million but operating result swung to a [euro]24.8 million loss from a...

Sterling Airlines.(EUROPE Report)(Sterling Airways A/S files for bankruptcy )(Brief article)
December 1, 2008... Sterling Airlines ceased operation and filed for bankruptcy Oct. 29, blaming decreasing demand, rapidly rising fuel prices and the Iceland financial crisis that made it impossible for the unprofitable carrier's Icelandic shareholders to support...

Alitalia.(EUROPE Report)(Linee Aeree Italiane S.p.A. must pay back its debt)(Brief article)
December 1, 2008... Alitalia must pay back the [euro]300 million emergency loan that was provided by the Italian government in April to keep AZ afloat, the European Commission ruled, calling it "unlawful aid and incompatible with the common market." EC...

Norwegian.(EUROPE Report)(sales and earnings of Norwegian Air Shuttle A/S )(Financial report)(Brief article)
December 1, 2008... Norwegian earned NOK414.4 million ($59.1 million) in the third quarter, a fivefold increase over the NOK76.3 million posted in the year-ago period. Revenue surged 48.9% to NOK1.97 billion. Operating profit rose 29.6% to NOK193.4 million.

Air Berlin.(EUROPE Report)(company to absorb its dba subsidiary)(Brief article)
December 1, 2008... Air Berlin confirmed that it would absorb its dba subsidiary by Nov. 30, ending branded flying by the carrier AB acquired two years ago. Dba's 120 pilots and 175 cabin crew will be transferred elsewhere within AB or offered buyouts.

Aegean Airlines.(EUROPE Report)(sales and earnings)(Financial report)(Brief article)
December 1, 2008... Aegean Airlines earned [euro]26.5 million ($34 million) in the first nine months of the year, down 21% from [euro]33.4 million in the year-ago period, but a "solid" result given "unprecedented" oil prices and "deteriorating economic...

Berlin Tegel-based Germania.(EUROPE Report)(Germania Express to cease scheduled services)(Brief article)
December 1, 2008... Berlin Tegel-based Germania will cease scheduled services during the winter schedule and maintain only its charter and wet-lease operations. It also will phase out its remaining eight F100s. It operates 12 737s, with six more 737s on dry lease...

LTE International Airways.(EUROPE Report)(LTE International Airways S.A. suspends its flight operations)(Brief article)
December 1, 2008... LTE International Airways, a Palma de Mallorca-based scheduled and charter carrier, suspended flight operations in mid-October, citing the financial situation of the company and recent world events. It operated seven A320s.

Aeroflot.(EUROPE Report)(Aeroflot Russian Airlines to bid for the state's 25.5% stake in rival S7 Airlines)(Brief article)
December 1, 2008... Aeroflot in late October informed Russia's Ministry of Transport that it wants to bid for the state's 25.5% stake in rival S7 Airlines. Move is seen as aimed at counterbalancing plans by the Russian and Moscow city governments to create a...

EU.(EUROPE Report)(European Union)(Brief article)
December 1, 2008... EU's revision of the third package of its aviation regulation became law Nov.1. The regulation lays down rules for the granting of operating licenses, control of airlines and market access. It also requires carriers to include all taxes and...

Lufthansa Technik Sofia.(EUROPE Report)
December 1, 2008... Lufthansa Technik Sofia opened in late October. The joint venture between LHT (80%) and Bulgarian Aviation Group (20%) offers base maintenance services for Airbus and Boeing narrowbodies.

A J Walter Aviation.(EUROPE Report)
December 1, 2008... A J Walter Aviation will provide Jet Time with power-by-the-hour for four 737s under a five-year deal.

SITA.(EUROPE Report)
December 1, 2008... SITA won a five-year contract from Transaero to provide its passenger management system including reservations, ticketing, departure control service, revenue management and airfare technology.

Aviareps.(EUROPE Report)
December 1, 2008... Aviareps will represent Eurocypria Airlines in Germany and Austria under a GSA agreement.

APG Global Associates.(EUROPE Report)
December 1, 2008... APG Global Associates added Transaero and Daallo Airlines of Djibouti to its interline e-ticketing program.

Aeroports de Paris.(EUROPE Report)(Brief article)
December 1, 2008... Aeroports de Paris, which operates the main Paris-area airports, and Schiphol Group, operator of Amsterdam Schiphol, agreed to enter into an alliance that will include each acquiring an 8% stake in the other, establishment of a "dual hub"...

BAA.(EUROPE Report)(BAA PLC forced to pay [pounds sterling]7.34 million in rebates to airlines)(Brief article)
December 1, 2008... BAA was forced to pay [pounds sterling]7.34 million ($11.5 million) in rebates to airlines after failing to meet UK CAA's required performance standards at London Heathrow ([pounds sterling]4.08 million) and Gatwick ([pounds sterling]3.26...

TAV Airports Holding.(EUROPE Report)(Brief article)
December 1, 2008... TAV Airports Holding was awarded 20-year contracts to operate two new airports in the Republic of Macedonia: Alexander the Great International in Skopje and St. Paul the Apostle International in Ohrid. It also received the construction contract...

Croatia Airlines.(GROWING IN THE BALKANS)
December 1, 2008... Croatia Airlines signed a firm contract for four CFM56-5-powered A319s. [ILLUSTRATION OMITTED]

European airline traffic October 2008.(FACT FILE)(Statistical table)(Brief article)
December 1, 2008... European Airline Traffic October 2008 RPKs % chg. ASKs % chg. Load +/- Airline (billions) 2007 (billions) 2007 factor 2007 (%) ...

Air Canada.(NORTH AMERICA Report)
December 1, 2008... Air Canada posted a third-quarter net loss of C$132 million ($112.4 million), reversed from a C$273 million profit in the year-ago period, as results were hurt by high fuel costs and noncash losses on fuel hedging and currency items. It would...

WestJet.(NORTH AMERICA Report)(sales and earnings of WestJet Airlines Ltd.)(Financial report)(Brief article)
December 1, 2008... WestJet had third-quarter net income of C$54.7 million ($46 million), down 28.1% from C$76.1 million last year. Revenue rose 18.5% to C$718.4 million while expenses jumped 30.1% to C$621.9 million, producing operating income of C$96.5 million,...

US Dept. of Homeland Security.(NORTH AMERICA Report)(Department of Homeland Security)(Brief article)
December 1, 2008... US Dept. of Homeland Security released the Secure Flight Final Rule, "which shifts pre-departure [terrorist] watch list matching responsibilities from individual aircraft operators" to the Transportation Security Administration. TSA will...

JetBlue Airways.(NORTH AMERICA Report)(JetBlue Airways Corp.'s new terminal )(Brief article)
December 1, 2008... JetBlue Airways inaugurated New York JFK's new Terminal 5 on Oct. 22. All JetBlue departures, in addition to all domestic and international arrivals that pre-clear US customs, will operate out of the 635,000-sq.-ft. facility behind the iconic...

Frontier Airlines Holdings.(NORTH AMERICA Report)(sales and earnings)(Financial report)(Brief article)
December 1, 2008... Frontier Airlines Holdings, which continues to operate Frontier Airlines and Lynx Aviation under bankruptcy protection, lost $29.7 million in the fiscal second quarter ended Sept. 30.

Hawaiian Airlines.(NORTH AMERICA Report)(sales and earnings)(Financial report)(Brief article)
December 1, 2008... Hawaiian Airlines parent Hawaiian Holdings netted $6 million in the third quarter, down 69.4% from $19.6 million in the year-ago period. Revenue rose 24.7% to $339.9 million while operating income grew 6.6% to $27.3 million.

Allegiant Air.(NORTH AMERICA Report)(sales and earnings of Allegiant Air L.L.C. )(Financial report)(Brief article)
December 1, 2008... Allegiant Air parent Allegiant Travel Co. reported a $4.9 million third-quarter profit, down 30.3% from $7 million during the year-ago period. Operating revenue rose 35.4% to $116.9 million while operating income slipped 14.9% to $8.1 million.

USA3000 Airlines.(NORTH AMERICA Report)(appointment of Steven Harfst )(Brief article)
December 1, 2008... USA3000 Airlines named IndiGo COO Steven Harfst as its new president and CEO, succeeding the retiring Angus Kinnear. Before joining IndiGo, Harfst was North American Airlines COO.

Boeing.(NORTH AMERICA Report)
December 1, 2008... Boeing's third-quarter net income plunged 38% to $695 million from $1.11 billion last year as the recently concluded machinists' strike "had a major impact" on earnings. Revenue fell 7% to $15.29 billion while expenses dropped 5.1% to $12.54...

Spirit AeroSystems.(NORTH AMERICA Report)(Spirit AeroSystems Holdings Inc. contracts with Mitsubishi Aircraft International Inc.)(Brief article)
December 1, 2008... Spirit AeroSystems won a contract with Mitsubishi Aircraft Corp. to design and build the pylon for the Mitsubishi Regional Jet. Spirit will supply Continental Airlines with structural parts and components for its 737, 757, 767 and 777 aircraft...

United Technologies Corp.(NORTH AMERICA Report)(appointment of David Hess )(Brief article)
December 1, 2008... United Technologies Corp. said Hamilton Sundstrand President David Hess will succeed Stephen Finger as president of Pratt & Whitney on Jan. 1 when Finger retires. Alain Bellemare, currently president of Pratt & Whitney Canada, will succeed Hess...

Goodrich.(NORTH AMERICA Report)
December 1, 2008... Goodrich inked a deal with US Airways covering refurbish and exchange of CFM56-5B thrust reversers. Contract will run through 2012.

AAR.(NORTH AMERICA Report)
December 1, 2008... AAR was selected by Allegiant Air to perform maintenance and modification services on six MD-80s at AAR Aircraft Services-Oklahoma.

Rockwell Collins.(NORTH AMERICA Report)
December 1, 2008... Rockwell Collins announced plans to acquire SEOS, a visual display provider for full-flight simulators headquartered in West Sussex.

CAE.(NORTH AMERICA Report)
December 1, 2008... CAE said JetBlue Airways signed a five-year contract for CAE True Airport, a subscription-based service that keeps visual databases current with airport environments.

Smiths detection.(NORTH AMERICA Report)
December 1, 2008... Smiths Detection reached a $6 million deal with the US Transportation Security Administration to provide Ionscan 500DT trace explosives detectors for use at airport checkpoints.

US majors traffic October 2008.(FACT FILE)(Statistical table)(Brief article)
December 1, 2008... US Majors Traffic October 2008* +/- RPMs % chg ASMs % chg. LF chg. Airline (bil.) 2007 (bil.) 2007 (%) 2007 AirTran 1.43 -2.3 1.78...

LAN Airlines.(LATIN AMERICA/CARIBBEAN Report)(sales and earnings of LAN Airlines S.A.)(Financial report)(Brief article)
December 1, 2008... LAN Airlines had third-quarter net income of $80.4 million, up 2% from $78.8 million in the year-ago period. Revenue increased 37.7% to $1.2 billion while costs rose an identical 37.7% to $1.07 billion, producing operating income of $135.8...

TAM.(LATIN AMERICA/CARIBBEAN Report)(sales and earnings of TAM Linhas Aereas S.A.)(Financial report)(Brief article)
December 1, 2008... TAM suffered a BRL112.7 million ($52.2 million) loss in the third quarter, reversed from a BRL48.5 million profit in the year-ago period, despite a 40.5% surge in operating revenue to BRL2.9 billion. Operating loss was BRL152.9 million compared...

Volaris Airlines and Southwest Airlines.(LATIN AMERICA/CARIBBEAN Report)(announcement of partnership)(Brief article)
December 1, 2008... Volaris Airlines and Southwest Airlines announced a codeshare partnership that will give the world's largest LCC a foothold in Mexico for the first time beginning in 2010. Launched in early 2006, Toluca-based Volaris flies 18 A319s and one A320...

Alma de Mexico.(LATIN AMERICA/CARIBBEAN Report)(company files for bankruptcy protection)(Brief article)
December 1, 2008... Alma de Mexico suspended operations and filed for bankruptcy last month, citing the "crisis" in the industry and global economy. At the time of its shutdown, the Guadalajara-based LCC operated 14 CRJ200s and had two CRJ900 NextGens on order.

VEM Maintenance & Engineering.(LATIN AMERICA/CARIBBEAN Report)(contract with Air Transat)(Brief article)
December 1, 2008... VEM Maintenance & Engineering said it completed the first phase of its contract with Air Transat, delivering the first of four A310s in line for C checks.

Emirates.(AFRICA/MIDDLE EAST Report)(sales and earnings of Emirates Airline)(Financial report)(Brief article)
December 1, 2008... Emirates blamed fuel prices for an 88% plunge in fiscal first-half profit to AED284 million ($77.3 million) from the AED2.36 billion earned in the six months ended Sept. 30, 2007. Chairman and CEO Ahmed bin Saeed Al-Maktoum said the semester...

Kenya Airways.(AFRICA/MIDDLE EAST Report)(sales and earnings)(Financial report)(Brief article)
December 1, 2008... Kenya Airways earned KES736 million ($8.5 million) in its fiscal first half ended Sept. 30, down 62.7% from the KES1.97 billion profit in the year-ago period, as fuel prices rose and it managed only "paltry" passenger growth owing to the...

Ethiopian Airlines.(AFRICA/MIDDLE EAST Report)(sales and earnings)(Financial report)(Brief article)
December 1, 2008... Ethiopian Airlines said it posted a ETB507 million ($51.2 million) profit in the fiscal year ended June 30, which would mark a significant improvement over profits of just over $14 million in each of the prior two fiscal years. Revenue rose 34%...

Royal Jordanian.(AFRICA/MIDDLE EAST Report)(Royal Jordanian Airlines suffers losses)(Financial report)(Brief article)
December 1, 2008... Royal Jordanian suffered a JOD2 million ($2.8 million) net loss through the year's first nine months, implying a third-quarter profit of approximately JOD1.1 million based upon its half-year results. Nine-month revenue rose 34% to JOD533...

Air Arabia.(AFRICA/MIDDLE EAST Report)(sales and earnings)(Financial report)(Brief article)
December 1, 2008... Air Arabia reported a AED214 million ($58.2 million) third-quarter profit, up 29.7% from the AED165 million earned in the year-ago period. The Sharjah-based LCC enjoyed a 69% year-over-year increase in revenue to AED625 million. Air Arabia...

Air Mauritius.(AFRICA/MIDDLE EAST Report)(sales and earnings)(Financial report)(Brief article)
December 1, 2008... Air Mauritius lost [euro]13.4 million ($17.3 million) in the fiscal first half ended Sept. 30, reversed from a [euro]2.5 million profit in the year-ago semester. Revenue rose 8.5% to [euro]216.1 million but the airline said it could not...