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153. Amadeus Shareholders Approve Dividend
Amadeus IT Holding, parent company of the Amadeus Group, has approved a total annual dividend of €134.3 million, which represents a pay-out of 35% of the 2010 reported profit for the year (excluding extraordinary items related to the IPO). The dividend has a value of €0.30 per share and will be paid on 27 July 2011.
154. Korean Air Records Strong Q4 and Full-Year Performance in 2010
Korean Air Records Strong Q4 and Full-Year Performance in 2010. Korean Air has posted an operating revenue of 2,897.6 billion KRW for the fourth quarter of 2010, up 12.4% compared to the same period last year. The growth is due to the increase international passenger business and in particular increased passenger volume on short-haul international routes. Operating profit reached 1
155. Air Astana’s Full Year Boosted By Strong Second Half
Air Astana, Kazakhstan’s principal airline, has reported an unaudited profit after tax for 2012 of US$57.2 million, a drop of 7% over 2011. Total revenue increased by 16% to US$870 million against a capacity increase of 14%. The airline took delivery of two Airbus A321s, one Airbus A320 and two Embraer 190s, purchased via export credit finance leases, and retired its entire fleet o
156. AirAsia Reports Q2 2011 Results
The AirAsia Group registered a Q2 2011 revenue of RM 1.08 billion, profit before tax of RM 145 million, RASK up 6% (y-o-y) for MAA, up 14% for AirAsia Thailand and 2% for AirAsia Indonesia. EBITDAR margins for MAA, TAA and IAA stood at 35%, 26% and 24% respectively.
157. Strong Traffic Rebound @ HKIA
Strong Traffic Rebound @ HKIA. Airport Authority Hong Kong (AA) has reported its unaudited interim financial results for the six months ended 30 September 2010. Revenue and profit attributable to equity shareholder increased 19% and 50% respectively over the same period in the previous year, to HK$5,142 million and HK$1,961 million.
158. US$6.1 billion in losses, maybe more, warns IATA
US$6.1 billion in losses, maybe more, warns IATA. IATA has revised its industry financial forecast for 2008 significantly downwards to a loss of US$2.3 billion. The forecast uses a consensus oil price of US$106.5 per barrel crude (Brent). This is a swing of US$6.8 billion from the previously forecasted industry profit of US$4.5 billion that was announced in March and based on an a
159. Korean Air Reports Q1 2011 Results
Korean Air has reported an operating revenue of 2,719 billion KRW for Q1 2011, a year-on-year increase of 6.3%, and an operating profit of 145 billion KRW. Income before tax recorded a year-on-year increase of 16.3%, reaching 258 billion KRW during the reporting period. Net income amounted to 190 billion KRW, up 13.9% thanks to foreign currency translation gains.
160. Emirates Reports H1 2011 Profits of Dhs827 million
Emirates airline has reported a net profit of Dhs 827 million (US$ 225 million) for the first six months of its current financial year ending 30 September 2011. The Dubai-based airline remains on its strong growth trajectory which over the past seven years has seen it grow from a fleet of 60 aircraft in 2004, to its current 161 wide-bodied aircraft including, the largest fleet of A

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