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25. Vietjet Reports VND274 Billion Profit in Q4 2020
Vietjet Aviation has reported VND4,430 billion (approx. US$192 million) of consolidated revenue in the fourth quarter of 2020 and a total of VND18,210 billion (approx. US$790 million) of consolidated revenue in 2020. After-tax profit of Vietjets parent company was VND274 billion (approx. US$11.9 million) in Q4/2020 while consolidated after-tax profit reached VND995 billion (approx
26. Air Seychelles Reports First Profit in Three Years
Air Seychelles, the national airline of the Republic of Seychelles, has reported a net profit of US$1 million for the 2012 financial year. The positive result comes just 12 months after Etihad Airways acquired a 40% stake in the airline and was awarded a five year management contract. The profit follows three years of significant losses.
27. AirAsia X Reports Net Profit of RM202 Million
AirAsia X Berhad, the long-haul low-cost airline affiliate of the AirAsia Group, reported its financial results for Q4 2015 and the full financial year ended 31 December 2015 on Friday. AirAsia X achieved a turnaround in Q4 2015s bottom-line with a net profit of RM202 million as compared to a net loss of RM168 million in Q4 2014. The operating profit grew 8% year-on-year to RM115
28. Airline Passenger Numbers Expected to Rise to 3.8 Billion on 54,000+ Routes in 2016
IATAs airline industry outlook for 2016 forecasts an average net profit margin of 5.1% being generated with total net profits of $36.3 billion. IATA also revised its airline industry outlook for 2015 upwards to a net profit of $33 billion (4.6% net profit margin) from $29.3 billion forecast in June.
29. IATA Forecasts Global Aviation Industry Net Profit to Rise to $38.4 billion in 2018
IATA forecasts global industry net profit to rise to $38.4 billion in 2018, an improvement from the $34.5 billion expected net profit in 2017 (revised from a $31.4 billion forecast in June). Highlights of expected 2018 performance include:
30. Air Seychelles Reports Net Profit of US$3.2m for 2014
Air Seychelles has reported a net profit of US$3.2m for 2014. The result exceeds last years profit of US$3 million and reflects continued improvement in the airlines key performance indicators, following Etihad Airways acquisition of a 40% share in 2012 and the implementation of a turnaround plan to create a sustainable business.
31. Qantas issues Profit Warning
Qantas issues Profit Warning. Lower Profit Expected for Qantas.
32. Virgin Blue reports 92.9% increase in Net Profit
Virgin Blue reports 92.9% increase in Net Profit. Virgin Blue Holdings has reported a net profit after tax of A$216 million for the year ended 30 June, 2007, a 92.9% improvement on the previous year. Earnings per share increased 92.5% from 10.7 to 20.6 cents as the airline maintained its traditional leisure market and attracted new business from the corporate sector and frequent fl

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