Alitalia Posts Operating Loss for 3Q
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Struggling Italian airliner Alitalia SpA reported a narrower operating loss for its third quarter on Thursday, noting that the improvement came despite higher fuel costs.
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Alitalia SpA, Italy&#39;s largest airline, reached a government-brokered agreement with its labor unions that will allow the carrier to cut about 3,700 jobs and gain funding for a plan to reorganize the company.
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Qwest Communications International Inc. (QN: Quote, Profile, Research) , the No. 4 US local telephone company, on Thursday reported a third-quarter loss as it settled
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CNF Inc. said Monday it swung to a loss in the third quarter as the result of a charge related to the planned sale of its Menlo Worldwide Forwarding unit.
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â¢ Group 1 Automotive reported a net loss of $9.6 million for the third quarter, which ended Sept. 30. The results include a charge of $29.
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Continental Airlines CAL.N on Tuesday  posted a third-quarter loss, reversing a year-earlier profit  amid record-high fuel prices, and warned of large losses this  year and next unless energy prices fall and fares rise.
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MILAN The Italian airline Alitalia, in a restatement Wednesday of its results for the first half of the year, almost doubled its previously reported loss to Â620 million as it set aside money to pay for a restructuring plan.
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Knight Trading Group Inc., an equities trading company serving institutional and broker-dealer clients, said Wednesday that it will report a third-quarter operating loss of 1 cent to 4 cents per share due to poor performance in its equity market trading
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TORONTO (CP) - Air Canada&#39;s new holding company reported a third-quarter loss of $81 million as the airline completed its restructuring under creditor protection.
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ROME  - Italy's flagship airline Alitalia said Monday that its operating loss narrowed in the fourth quarter but widened for all of last year amid higher oil prices and labour unrest.
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Continental Airlines (CAL.N: Quote, Profile, Research) posted a third quarter loss on Tuesday, as high fuel prices caused it to reverse course from a year ago when it was in the black.
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American Airlines' parent AMR Corp.  AMR.N on Wednesday posted a third-quarter loss as record-high  oil prices battered the bottom line of the world's largest  airline.
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MCI Inc. yesterday reported a loss of $3.4 billion during its third quarter, reflecting its recent decision to write down the value of its telecommunications network.
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Delta Air Lines Inc. reported a wide third-quarter loss Wednesday despite a rise in revenue, missing Wall Street&#39;s already reduced expectations.
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Struggling carrier Alitalia said Thursday that revenues were below expectations in July and August as domestic market share fell to 45 percent from about 50 percent last year.
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US Airways Group Inc. (UAIRQ.OB: Quote, Profile, Research) on Thursday reported a wider third-quarter net loss as storms and high fuel prices penalized results.
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UAL Corp. posted a third-quarter net loss of $274 million, becoming the latest carrier to fall victim to high fuel prices and depressed airfares in what is usually a strong period for the industry.