Latest in Tag: airlines Highlight

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Latest in Tag: airlines


Airlines’ profit forecasts nosedive

Unease over the Nice attack and an attempted coup in Turkey has weighed heavily on the profit forecasts of European airlines, which were already reeling from the turbulence that followed the Brexit vote.

Deutsche Welle

Ryanair’s profits see strong jump

Irish budget airline Ryanair has announced that robust demand and cost-cutting boosted its net profit by around a quarter in the first three months of its financial year. The company remains optimistic on outlook. Ryanair said Monday that its net profits jumped by about 25 percent in the three months to June 30, amounting to 245 million euros ($270 million),…

Deutsche Welle

Artist Emin unveils new BA ‘dove’ planes

By AFP Artist Tracey Emin unveiled Tuesday the first of nine British Airways planes specially painted to look like golden doves to mark the London 2012 Olympic Games. The exterior designs were done by artist-designer Pascal Anson, who was mentored by Emin. The first “Dove” — an Airbus A319 — has been painted with gold …

DNE

RAK partners with Excel Travel for Egypt outbound

CAIRO: RAK Airways recently appointed Excel Travel as its general sales agent (GSA) for outbound travel from Egypt, according to a statement. The UAE national airline launched its Cairo route in December 2010, and now flies to 11 destinations. Omar Jahameh, the airline’s CEO, said, “RAK Airways is now reiterating its position in the Cairo …

DNE

Weigh more, pay more

By Peter Singer MELBOURNE: We are getting fatter. In Australia, the United States, and many other countries, it has become commonplace to see people so fat that they waddle rather than walk. The rise in obesity is steepest in the developed world, but it is occurring in middle-income and poor countries as well. Is a person’s …

DNE

Emirates eyes hedging strategy as fuel costs bite

By Bill Rigby / Reuters SEATTLE: Dubai’s Emirates airline may revive its hedging program to help guard against soaring fuel costs, which forced it to pay an additional $1 billion in its half year results alone, its chairman said. Sheikh Ahmed bin Saeed Al-Maktoum said in an interview that 2011 earnings for the fast-growing carrier, whose …

DNE