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113. Air Astana Reports 2019 Net Profit Increase of 461%
Kazakhstan’s Air Astana has reported an unaudited net profit of US$30.03 million for 2019, up from US$5.3 million in 2018. The airline carried 5.058 million passengers, an increase of 17% on 2018, with total airline revenue up by 6% to US$893 million. Unit cost was lower at 5.5 US cents per Available Seat Kilometre.
114. Hilton International's 2004 Profit Marks First Year of Recovery
Hilton International's 2004 Profit Marks First Year of Recovery.
115. Unbundling Services Helps Generate Profit for AirAsia
Unbundling Services Helps Generate Profit for AirAsia. AirAsia has just migrated to the enhanced Abacus proprietary system, which allows the LCC to achieve optimal operational efficiency and cost effectiveness across its regional business. In turn, the upgrade also provides travel agents an additional source of revenue via the ability to offer bookings of ancillary items, automated
116. Polynesian Blue records NZ$ 1.19 million Maiden Profit
Polynesian Blue records NZ$ 1.19 million Maiden Profit.
117. Lower Oil Prices and Stronger Worldwide GDP Growth Behind Improved Profitability of Airlines
IATA has released its Economic Performance of the Air Transport Industry report, which forecasts that airlines are expected to post a collective global net profit in 2014 of some $19.9 billion (up from the $18.0 billion projected in June), with this rising to $25.0 billion in 2015. Lower oil prices and stronger worldwide GDP growth are the main drivers behind the improved profitabi
118. Singapore Airlines Group Reports H1 Results
Singapore Airlines Group has reported an operating profit of $302 million for the first half of the 2016-17 financial year, improving $62 million (+25.8%) year-on-year. Group revenue declined $273 million from one year ago to $7,305 million (-3.6%). Passenger flown revenue from the parent airline company fell $320 million (-6.4%), as downward pressure on yields persisted.
119. Singapore Airlines Reports First Half 08-09 Results
Singapore Airlines Reports First Half 08-09 Results. The Singapore Airlines Group has reported a first half 2008 - 2009 net profit attributable to equity holders of Sin$682 million. This was Sin$250 million (-26.8%) lower than for the same period a year ago. Group revenue improved Sin$922 million (+12.1%) to Sin$8,511 million on account of higher passenger carriage, while group exp
120. Airline Industry on Track for Second Year of Improving Profits
IATA has said that despite a slight downward revision to its industry outlook for 2014 to an industry profit of $18.7 billion from the previously forecast $19.7 billion, the airline industry remains on track to deliver a second consecutive year of improved profitability. The main driver of the downward revision is higher oil prices which are now expected to average $108.0/barrel (B

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