Airline Finance News - Asia / Pacific.Jan 8, 2007 Indian airlines Indian Airlines Limited or Indian (Hindi: इंडियन एयरलाइंस लिमिटेड or इंडियन are preparing for INR INR In currencies, this is the abbreviation for the Indian Rupee. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 180-200 million ($4.1-$4.5 million) in combined losses resulting from days of heavy fog in Delhi, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. The Economic Times. Runway visibility was down to 100 m. as 35 arrivals and 50 departures were cancelled Tuesday, with another 61 diverted. The three-day total of cancellations and diversions reached 300, the paper said. Air Deccan said it has canceled 15-20 flights on each of the past three days and faces losses of more than INR40 million. Jan 4, 2007 Jet Airways Jet Airways raised USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. $434 million in an initial public offering in 2005. It reported a USD$26 million loss for the six months ended September 30 after years of healthy profits. Jan 9, 2007 Korean Air Korean Air is expecting to post a KRW KRW In currencies, this is the abbreviation for the Korean Won. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 240 billion ($255 million) pre-tax profit in 2007, 33.3% higher than the KRW180 billion expected for 2006, according to a regulatory filing cited by Reuters. The carrier also forecast a KRW640 billion operating profit Operating profit (or loss) Revenue from a firm's regular activities less costs and expenses and before income deductions. operating profit See operating income. , up 14.3% from the KRW560 billion expected for 2006. This year's sales are expected to climb 3.6% year-over-year to KRW8.6 trillion. Jan 3, 2007 Vietnam Airlines Vietnam Airlines posted an estimated VND VND In currencies, this is the abbreviation for the Vietnamese Dong. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 304.5 billion ($18.5 million) profit in 2006, 8% below the carrier's guidance, according to VietNamNet. Year-ago figures were unavailable. Revenues were VND17.5 trillion and passenger numbers climbed 17.2% to 6.8 million. The airline said oil prices that surged 18% higher than expected and high airport fees contributed to the profit shortfall. Jan 5, 2007 Vietnam Airlines Vietnam Airlines is among the companies selected by the government to become a public stock company in 2008, the state Vietnam News Agency reported. The carrier has registered capital of VND5.74 trillion ($344.2 million). Jan 3, 2007 Z Editor: Aram Gesar, eMail: edit@AirGuideOnline.com For more global news, reviews, features and analysis, please go to: http://www.airguideonline.com/onlinenews.htm To Subscribe to our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com Jan 1, 2007 |
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