Ryanair sees profits rise 15 percent
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LONDON : Ryanair, the Irish no-frills airline, said net profit rose 15 percent for the quarter to September, adding it was well-placed to combat the threat of record high oil prices and fierce competition.
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Shares in low-cost airline Easyjet jump by 15% on speculation it is a takeover target for one of three Icelandic carriers.
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Irish low-cost airline Ryanair warned on Monday that its profits could be slashed next year after reporting a 27-percent plunge in third-quarter earnings owing to rising fuel prices.
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Australian travel retailer Flight Center Ltd.  said on Thursday its first-half profit rose 10 percent, boosted by recent acquisitions despite disappointing sales growth.
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No-frills airline easyJet has modestly increased its profits guidance after a stronger-than-expected revenue performance.
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Bank of Ireland has reported a 5 percent rise in first-half profits, in line with predictions made in its September trading update, and says it is confident about the outlook for the full year.
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No-frills airline easyJet has said it expected pre-tax profit to rocket by 40-50 percent in the current financial year, as the group unveiled soaring first-quarter revenues.
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FRANKFURT SAP, Europe&#39;s biggest software maker, on Thursday posted a 15 percent rise in third-quarter net profit, citing higher global sales.
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The European aerospace giant EADS today announced that it had more than doubled its profits in the first nine months of the year. EADS said the increase was helped by a surge in deliveries of its Airbus passenger jets.
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SAP AG, the German business management software maker, reported a 15 percent jump in third-quarter net profit Thursday, citing increased sales across the globe.
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The Royal Bank of Scotland (RBS) said Thursday that net profit rose by 15 percent to 6.2 billion pounds in 2006, boosted by its investment banking arm.
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Air China sees its profits increase three-fold in the first six months of the year, thanks to strong customer demand.
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British Airways reports 35% growth in nine-month profits, despite rising fuel costs and a consumer slowdown.
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Jewelry retailer Tiffany &amp; Co. on Thursday said fiscal first-quarter profit rose 15 percent, as international sales grew and U.S. customers made bigger purchases.
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Low cost airline Easyjet says its full year profits will be higher than forecast after a strong summer's trading.
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British Airways said Monday that second quarter operating profits rose 23 percent on tighter costs and higher passenger numbers as long-haul travel recovers.
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Vietnam Airlines on Monday reported revenues of 1.27 billion dollars for 2007, a year-on-year increase of 15.5 percent, despite high fuel costs and increased competition.