Air Berlin sees profit lift-off
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Air Berlin reports a return to profit as new routes and the acquisition of a rival airline boost sales.
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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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British Airways Plc, Europe&#39;s second- largest airline, said second-quarter profit gained 26 percent after the carrier cut jobs and travel demand rose.
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German airline Lufthansa said Thursday it earned 125 million euros (&#36;155 million) in the third quarter, more than making up losses from a year ago as stronger demand for air travel and freight transport helped it stay ahead of rising oil prices.
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No-frills airline Ryanair posted a forecast-beating jump in half-year profit after its low fares drew in summer passengers and was surprisingly upbeat on the full year, boosting its shares.
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Volkswagen AG , the world's fourth-largest carmaker, reported a better-than-expected full-year operating profit on Tuesday and forecast a further improvement this year, sending its shares sharply higher.
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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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Volkswagen, Europe's biggest car maker, has expressed optimism about prospects in its current business year after earnings rose sharply last year on cost-cutting and capital gains.
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Europe's biggest no-frills airline, Ireland's Ryanair Holdings Plc , will turn a profit even if oil prices hit &#36;75 a barrel, Chief Executive Michael O'Leary was quoted saying on Sunday.
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British Airways PLC said Monday that net profit rose by 25.5 percent over the latest quarter and that passenger numbers also rose.
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Australian buyout target Qantas Airways  Ltd.  raised its annual profit forecast for the third  time in six months as fuel prices ease and demand for travel  increases.
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Ryanair Holdings Plc, Europe&#39;s largest low-cost airline, said second-quarter profit rose 15 percent as the carrier cut fares less than it expected and added routes.
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British Airways reported Friday a surge in its net profit and announced plans to launch a new "business class only" service from London to New York.
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German airline Lufthansa posted a euro125 million (US$155 million) net profit in the third quarter, more than making up losses from a year ago thanks to stronger demand for air travel, the company said Thursday.
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TEMPE, Ariz., Oct. 25  â The US Airways Group said Thursday it swung to a profit in the third quarter as its revenue rose and it reduced the number of flights flown.
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Continental Airlines Inc  on Thursday posted a fourth-quarter profit as higher fares and more international flights helped offset soaring fuel costs.
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The airline is expected to report on Thursday, that it is on track to make an operating profit in the current year to March 2005, however, for the first time in five years.