Avianca shares rebound to initial IPO price
Avianca Holdings shares have rebounded to their $15 initial public offering price in New York after the airline reported a third-quarter profit that more than doubled from last year. Third-quarter adj...
Avianca Holdings shares have rebounded to their $15 initial public offering price in New York after the airline reported a third-quarter profit that more than doubled from last year. Third-quarter adj...
Kenya Airways has expanded its joint venture with Air France KLM within East Africa. This new deal will allow KLM and Kenya Airways to jointly implement further commercial synergies, optimize networks...
Monarch has announced a new five year commercial agreement with Manchester Airports Group (MAG), which includes a long-term commitment to East Midlands Airport. Monarch flies to eight holiday destinat...
Flybe has announced plans to close two of its four Scottish bases - ¬Aberdeen and Inverness – with the loss of 47 jobs. The regional airline also plans to cut more than 50 more jobs as it cuts unprofi...
IAG is predicting an operating profit of €1.8bn ($2.42 billion) in 2015 – a 12.5% increase from the previous target level of €1.6bn. For British Airways, IAG has also lifted its 2015 target from €1.1b...
Thai Airways has posted a quarterly net loss of 6.19 billion baht ($195.82 million) for the July-September period, versus a profit of 1.75 billion baht a year earlier, and a 8.4 billion baht loss in t...
Copa Airlines has state that the delay in getting its funds repatriated from Venezuela has doubled from a six to seven months. Venezuela is behind in payments to various foreign companies as the gover...
Gol Linhas Aereas has posted seventh straight quarterly loss. The Brazilian airline reported a net loss of 197 million reais ($85 million) in the third quarter, compared to a loss of 309 million reais...
Alitalia has extended the deadline for subscription to a capital increase to November 27 – the original deadline was initially set to expire today. The extra time will give shareholders including Air ...
Finnair union employees are preparing to work out tomorrow at 3pm for a 24 hour strike in protest over contracts. Some 400 catering employees went on strike at midday on Tuesday forcing the airline to...
Singapore Airlines Group earned an operating profit of $87 million in the second quarter of the 2013-14 financial year, an increase of $17 million (+24.3%) over the same quarter last year. Group reven...
Copa Holdings has reported net income of US$126.0 million for 3Q13, or diluted earnings per share (EPS) of US$2.84. Excluding special items, Copa Holdings would have reported an adjusted net income of...
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