British Airways profits soar
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British Airways today reported further progress in its recovery as it made a half-year pre-tax profit of Â£335m, but said higher fuel costs remained a concern.
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BSkyB's profits rise after a major advertising campaign leads to a strong-than-expected rise in subscribers.
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Low-cost airline Easyjet says strong passenger numbers mean it will make better-than-expected annual profits.
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Swedish aviation and defence group Saab said Friday its second-quarter profit soared by 45 percent, exceeding analysts&#39; expectations, owing to strong sales despite a plunge in orders.
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World Airways Inc. raised its third-quarter revenue and operating income forecasts on Wednesday, citing benefits from military and commercial contracts; shares of the cargo carrier jumped more than 35 percent.
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British Airways  reported a 28.5 percent rise in operating profit on Friday for the first nine months of its financial year, and said its longhaul premium business was still performing strongly.
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Spain's Ferrovial, the fast changing construction company that bought British airports operator BAA last year, said Monday its nine months earnings got a significant boost from the acquisition.
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Quarterly profit beat expectations on strong growth in its international, ground and freight segments.
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British Airways has said that it has made progress towards becoming a &quot;more robust airline&quot; after unveiling half-year profits of Â£335 million.
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No-frills airline Ryanair has beat forecasts with an 18-percent jump in half-year profit after a strong summer and it has cheered investors with a surprisingly upbeat take on the full year.
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SYDNEY : Australian flag carrier Qantas Airways said that British Airways had sold its 18.25 percent shareholding to a range of investors, as its shares surged on the news.
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Continental Airlines  posted a better-than-expected 15 percent increase in quarterly earnings on Thursday on strong demand for trans-Atlantic and other international flights.
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Major airlines turn in a surprising industry performance.
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BAA, Britain&#39;s main airport operator, saw its first-half profits soar by 16% as demand surged among holidaymakers and business travellers for long-haul flights from Heathrow.
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Britain&#39;s biggest airport operator BAA posted a 16 percent jump in first-half earnings on Tuesday, meeting expectations as cheap airfares and stronger economies drove up passenger numbers.
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The company reported fourth-quarter net income on higher commercial airplane deliveries and strong growth in defense earnings, beating Wall Streetâs expectations.
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European no-frills airline Ryanair&#39;s profits have risen a forecast-beating 18 percent in the first half of the year, the carrier has announced, with an upbeat view for the full year also cheering investors.