Cyprus Airways announced it expects to report a negative result for FY2011 due to increasing fuel prices and the ``continuing economic downturn in the main markets'' it operates.
121305
Cyprus Airways expects to report negative result for FY2011
139171
Airline stocks decline for a third session
156071
NTR expects to make loss this year
111078
British Airways reports £50 million loss
61820
Global economic turmoil continues to impact on vehicle sales
73403
Airline ticket prices to rise after volcano crisis
112071
Rate sensitive sectors expected to fall further:
51042
Malaysian Airlines swings into red
69523
Petrol prices to come down:
86485
Qantas finds issues with more engines
4756
Euronav reports increased losses
15439
Airline stocks in holding pattern
171666
Costs continue to decline for US airlines
144359
Australand downgrades profit forecast
135964
Fuel prices set to rise
117117
Air travel gets more expensive;
18885
Cyprotex warns on profits