Strong profits at British Airways
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British Airways reports 35% growth in nine-month profits, despite rising fuel costs and a consumer slowdown.
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Satellite broadcaster British Sky Broadcasting Group PLC reported strong growth in subscribers Friday and a jump in revenue that exceeded analysts' expectations, underpinning a 3 percent rise in quarterly net profit.
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Strong summer traffic on its trans-Atlantic flights helped boost Continental Airlinesâ profit by 15 percent in the second quarter.
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The world's top air-express shipper said earnings soared on strong revenue growth in its international, ground and freight services.
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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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Budget airline Ryanair reports a 30% profit rise for the last three months of 2006, despite rising fuel costs.
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The European aerospace giant EADS today announced that it had more than doubled its profits in the first nine months of the year. EADS said the increase was helped by a surge in deliveries of its Airbus passenger jets.
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British Airways will face tougher competition on some of its most profitable routes after the Civil Aviation Authority yesterday announced its decision on lucrative additional
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No-frills airline Ryanair beat forecasts with an 18 per cent jump in half-year profit after a strong summer and cheered investors yesterday with a surprisingly upbeat take on the full year.
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Aviva, the biggest insurer in Britain has delivered better-than-forecast pretax profits for the first half, spurred by strong sales growth and a solid performance at its vehicle breakdown service.
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British Airways Plc, Europe&#39;s second- largest airline, raised about A$1.1 billion ($770 million) from the sale of shares in Qantas Airways Ltd.
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CHICAGO -- Boeing Co., the world's No. 2 commercial airplane maker, said Wednesday that it posted its best profit in nearly four years as its third-quarter earnings climbed 61 percent because of higher commercial airplane deliveries and growth in its defense business.
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Shares jumped nearly 4 percent after the low-cost carrier reported its first third-quarter profit in two years on higher occupancy rates and capacity.
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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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The airline said earnings were hurt by higher oil prices, strikes and special items, but said its operating profit rose as it attracted more passengers.
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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.
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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.