Ryanair triples annual profits to record level
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Ryanair, the Irish no-frills airline, said on Tuesday that net profits tripled in the group&#39;s 2006/2007 financial year to a record 401.4 million euros (542.2 million dollars).
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US Airways Group Inc.  on Thursday reported a third-quarter profit compared with a year-earlier loss, topping expectations on strong demand and higher fares.
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Budget airline Ryanair sees profits grow 30% in the last three months of 2006, despite the impact of rising fuel costs.
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Irish no-frills airline Ryanair posted an 18 percent jump in first-half net income on Tuesday as passenger traffic grew 24 percent, and said yields should not decline by as much as first thought.
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Ryanair Holdings PLC signaled that its expansion plans are going strong Monday, announcing that it will spend US$240 million (euro184 million) to buy four new planes and create a new base at Liverpool&#39;s John Lennon Airport.
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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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General Dynamics reports a rise in quarterly profit on record US defence spending and demand for private jets.
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Air France-KLM  on Thursday posted a 32.5 percent rise in 2006-07 operating profit, led by passenger traffic growth, and announced a plan to save 1.4 billion euros over three years, boosting its shares.
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The European Aeronautic Defence and Space Company said that strong defence operations and increased Airbus orders had led it to lift its operating profit forecast for 2004 to more than 2.3 billion euros (3.0 billion dollars) from 2.2 billion previously.
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Air France-KLM has said it was set for healthy results in the 2006-2007 financial year after reporting that third quarter net profit had tripled to 229 million euros (299 million dollars) from the same period a year earlier.
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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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BUDGET airline Jetstar has helped propel Qantas to a record post-tax profit of $648.4 million. Qantas chief executive Geoff Dixon paid tribute to the subsidiary domestic carrier during a formal profit announcement yesterday.
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European Aeronautic, Defense &amp; Space Co., Europe&#39;s largest aerospace company, more than tripled third- quarter net income and raised its 2004 earnings forecast because Airbus delivered more planes and the space unit posted a profit.
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FedEx Corp. FDX.N, the world's top  air-express shipper, on Thursday said quarterly profit more  than tripled on strength in its international, ground and  freight businesses, and the company raised its full-year  earnings forecast.
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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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European aerospace group EADS reports higher-than-expected profits, boosted by sales in its Airbus plane-making subsidiary.
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Ryanair chief executive Michael O&#39;Leary claimed yesterday that rising oil prices would benefit the airline, as he announced better than expected half-year profits.