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97. Thai Airways International reports net profit of 6,777 million Baht
Thai Airways International reports net profit of 6,777 million Baht.
98. Etihad Airways Reports Net Profit of US$ 103 Million on Total Revenues of US$ 9.02 Billion
Etihad Airways has reported its strongest annual financial results to date, with a net profit of US$ 103 million on total revenues of US$ 9.02 billion. The performance, which marked the airline’s fifth consecutive year of net profitability, also saw earnings before interest and tax (EBIT) of US$ 259 million, and earnings before interest, tax, depreciation, amortisation and rentals
99. Asia Aviation (Thai AirAsia) Reports Q1 2017 Net Profit of Baht 570 million
Asia Aviation (AAV), the major shareholder of Thai AirAsia, has reported Q1 2017 total revenues of Baht 9,150 million and a net profit of Baht 570 million. The airline also achieved a record load factor of 89%, up 1 percentage point, with 4.85 million passengers carried, an 11% year-on-year increase. Total seat capacity grew by 9%.
100. Air Astana Reports 2018 Unaudited Net Profit of US$5.3 Million
Air Astana has declared an unaudited net profit for 2018 of US$5.3 million, driven by higher revenues and higher jet fuel costs. Total airline revenue rose by 10% to US$840.8 million. Capacity as measured in ASKs rose by 5% and total passenger numbers by 3%, to 4.3 million.
101. Thai AirAsia Reports Q1 2015 Net Profit of Baht 923 Million
Thai AirAsia continued its growth in Q1 2015 achieving a revenue of Baht 7,734 million with a net profit of Baht 923 million. The airline carried approximately 3.7 million passengers, up 19% year-on-year, and a load factor of 83% up 3 percentage points from the same period last year.
102. Air Astana’s Net Profit Increases by 144%
Air Astana has reported an unaudited net profit for 2015 of US$47.4million, an increase of 144% over 2014. Passenger numbers increased by 2% to 3.86 million, whilst capacity increased by 6%. Total revenue fell by 21%from US$933 million to US$738 million.
103. Cathay Pacific Issues Profit Warning
In its 2019 annual results announcement dated 11 March 2020, the Cathay Pacific Group had disclosed that it expected to incur a substantial loss for the first half of 2020. Now the group has reported that it will likely record a net loss attributable to shareholders of approximately HK$9.9 billion, which compares to a net profit to shareholders of HK$1.3 billion for the same period
104. IATA Forecasts Net Airline Industry Losses of US$47.7 Billion in 2021
IATA has forecast net airline industry losses of $47.7 billion in 2021 (net profit margin of -10.4%), an improvement on the estimated net industry loss of $126.4 billion in 2020 (net profit margin of -33.9%). Published by TravelNewsAsia.com on 22 April 2021.

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