Airline Finance News - Europe.Sep 10, 2007 British Airways British Airways in full British Airways PLC International passenger airline based in London. In 1936 British Airways Ltd. was founded through the merger of three smaller airlines. British Airways flew 10.33 billion RPKs in August, up 5.3% on the year-ago month. Capacity climbed 2.8% to 12.91 billion ASKs, lifting load factor 1.8 points to 80%. Sep 5, 2007 Finnair Finnish national carrier Finnair's total passenger traffic increased in August, boosted by strong growth in demand for flights to Asia and Europe. Finnair's total revenue passenger kilometres (RPKs) rose 19.8 percent to 1.77 billion in August, after a 16.5 percent climb in July, the company said in a statement. Traffic was up 35 percent on Asian routes and nearly 30 percent on European flights, Finnair said in a statement, but added that demand for North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. flights dropped 5 percent. The carrier's overall passenger load factor remained unchanged year-on-year at 77.1 percent. Finnair carried about 709,800 passengers in August. Sep 7, 2007 Lufthansa Lufthansa was hit again by a strike by its Lufthansa CityLine Lufthansa CityLine GmbH is an airline based in Cologne, Germany. It is a wholly owned subsidiary regional airline of Lufthansa and member of the Lufthansa Regional network. It is the largest regional airline in Europe. pilots, resulting in heavy delays Friday morning. Twenty-two flights were cancelled, more than 60 were delayed and 3,500 passengers were affected before operations were restored in late morning. Unlike the strikes earlier in the week that were orchestrated or·ches·trate tr.v. or·ches·trat·ed, or·ches·trat·ing, or·ches·trates 1. To compose or arrange (music) for performance by an orchestra. 2. by the ver.di trade union, the Aug. 31 action was led by Vereinigung Cockpit, which has considerably more pilot members than ver.di. The pilots say they are striking for better working conditions at CityLine. Sep 3, 2007 Republic Airways airways Anatomy The 'pipes'–trachea, bronchi, bronchioles–through which air passes to and from the alveoli. See Small airways. , WexAir Republic Airways Holdings Republic Airways Holdings, Inc. (NASDAQ: RJET) is an aviation holding corporation based in Indianapolis, Indiana, which owns three regional airlines operating in the United States: Chautauqua Airlines, Republic Airlines and Shuttle America. will purchase 2 million shares of its common stock from WexAir, its former majority shareholder, for $38.4 million or $19.20 per share. Transaction is expected to close Friday. RAH last week announced a year-long, $100 million repurchase program. Sep 6, 2007 SkyEurope Holding SkyEurope Holding reported a consolidated net loss of [euro]5.1 million ($7 million) in the fiscal third quarter ended June 30, much improved compared to the [euro]16.5 million deficit in the year-ago period. Revenue increased 26% to [euro]66.6 million owing mainly to a 32% rise in passengers to 927,018, partly stimulated by promotional fares. Operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. grew 6.4% to [euro]63.41 million, while the LCC's operating loss operating loss The excess of operating expenses over revenue. As with operating income, operating losses exclude revenues and expenses from operations that are not considered a regular part of the business. Also called deficit. Compare operating income. shrank to [euro]5.24 million from [euro]14.48 million last year. Sep 3, 2007 ZZ Editorial eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact our Director of Content Aram Gesar eMail: bizintel@AirGuideOnline.com For more global news, reviews, features and analysis, please subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com AirGuideFlightTracker is a new real-time service that keeps travelers informed on flight and airport status, delays, security wait times via the Web. For more go to http://www.airguideonline.com/airline_tracker.htm Copyright [c] 2007 Pyramid Media Group / Air Travel Media. All rights reserved. |
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