Profit fall for British Airways
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British Airways reports a fall in  profits to Â£113m for the three months to December, from Â£166m a year earlier.
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LONDON -- BP PLC said Tuesday its fourth-quarter profit dropped 22 percent to a two-year low, driven down by the declining price of oil and increased safety spending after a series of high-profile mishaps including a deadly refinery blast in Texas and an oil spill in Alaska. The oil company also...
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British Airways blames fuel prices for a 40% drop in third quarter profits but says full-year sales will be higher than anticipated.
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Wall Street stocks were lower on Thursday, after a 32 per cent fall in profits at Bank of America (NYSE:BAC) compounded woes in the banking sector and weighed heavily on market sentiment.
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The US plane maker announces an 84% drop in quarterly profits but beats market expectations.
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Shares in British Airways  dropped more than 6 percent on Monday after a newspaper report that pilots at its GB Airways unit were voting on industrial action over Easter, traders said.
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Profit plunged 94 percent at EADS after its main unit, the aircraft maker Airbus, reported its worst year ever.
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Shares in Ryanair Holdings PLC plummeted Monday after Europe's top no-frills airline reported flat third-quarter profits and warned of tough times ahead because of high fuel costs and fears of a recession.
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Boeing sees annual profits fall 14% despite strong sales, as it is hit by the cost of dropping an internet service.
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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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Profits at Spanish airline Iberia fall by more than fifth because of higher fuel and operating costs.
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London markets eased back from early gains Thursday as banks fell on mixed investor reaction to low-cost airlines Ryanair and Easyjet and after an HBOS downgrade.
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Ford Motor Co.  on Tuesday said earnings will fall this year due to a drop in profit from its finance unit, which it expects to be hit by rising interest rates.
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Bank of America Corp, the  second-largest U.S. bank, on Tuesday said fourth-quarter profit  fell, hurt by mounting credit losses and weak investment  banking results.
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Low-cost carrier JetBlue Airways Corp.  JBLU.O on Thursday said third-quarter earnings fell 71  percent as it struggled with skyrocketing fuel prices and tough  competition.
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British oil giant BP said Tuesday that net profit dropped by 6.6 percent to 12.04 billion dollars (8.71 billion euros) in the first half, as output fell further.
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Shares in car rental group Avis Europe drop 12% after it reports a slide in profits and warns that earnings will remain under pressure.