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137. Flight Centre to Open Hyperstore in Brisbane
Flight Centre is expanding its retail network, with the company’s largest Australian store set to open in the heart of Brisbane. The company, which has just revealed record profit and sales results for 2012/13, has unveiled plans to bolster its normal shop growth by opening a flagship location in the city’s Queen Street Mall this September.
138. Underwater Clean Up Day in Egypt Nets 200kg of Debris
Underwater Clean Up Day in Egypt Nets 200kg of Debris. More than 40 guests and staff members of the Sharm el Sheikh Marriott Red Sea Resort teamed up on Saturday with 20 professional divers from the resort’s Mr. Diver Diving Center and the non-profit organization Project Aware of PADI International on an all-day program called Underwater Clean Up Day on Na’ama Bay, South Sinai.
139. Mario Agrario Assumes Role of CEO @ Bartech
Bartech Systems International Inc, a company that specialises in automatic profit-generating minibar solutions for the global hospitality industry, has appointed Mario Agrario as the company’s CEO. In his new role, Agrario will now oversee all global operations for the organization, including R&D, manufacturing, sales and new business development strategies. Based at the company’s
140. Qantas Warns of Loss
The Qantas Group has said it expects to report an underlying profit before tax (PBT) in the range of $50-$100 million for the financial year ending 30 June 2012. Qantas International is expected to report an earnings before interest and tax (EBIT) loss of over $450 million in 2011/12 compared with $216 million in 2010/11.
141. Melco Crown Entertainment Selects Rainmaker’s Revenue Management System
Melco Crown Entertainment, a developer and owner of casino gaming and entertainment resort facilities focused on the Macau market, has selected Rainmaker’s profit optimization system to provide revenue management for its two properties in Macau. The two properties include City of Dreams and Altira Macau.
142. Air Astana Increases H1 2012 Revenues by 13%
In H1 2012, Kazakhstan’s Air Astana saw its revenues grow by 13% to US$394 million, matched by a similar increase in passenger numbers, although net profit declined to US$4.95 million. Capacity grew by 11% with the addition of an additional Boeing 757-200 and three additional Embraer 190s.
143. Embraer’s E195-E2 TechLion Begins Asia Pacific Demo Tour
Embraer’s newest Profit Hunter, an E195-E2 showcasing a stunning “TechLion” livery that covers the entire aircraft’s fuselage, has embarked on a global demo tour. The first stop took place today in Xiamen, China, and will be followed by several stops within China and Asia Pacific during the months of July and August. The E195-E2 is the largest of the three aircraft in the E-Jets E2
144. Cathay Pacific Reports 2012 Interim Results
The Cathay Pacific Group has reported an attributable loss of HK$935 million for the first six months of 2012. This compares to the profit of HK$2,808 million in H1 2011. The loss per share was HK23.8 cents as compared to the earnings per share of HK71.4 cents in 2011, while turnover for the period rose by 4.4% to HK$48,861 million.

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