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145. Air Arabia's Net Profit Soars to AED 160 million in First Half 2008
Air Arabia's Net Profit Soars to AED 160 million in First Half 2008. Sharjah-based low cost airline Air Arabia's net profit for the first half of this year stood at AED 160 million, an increase of 39% compared to AED 115 million for the first six months of 2007. Air Arabia's net profit for the second quarter of this year reached AED 82 million, up 14% compared to AED 71.7 million f
146. AirAsia Records Strong H1 2012 Growth
AirAsia Berhad has reported a strong Q2 2012 revenue of RM1.18 billion, up 9% from a revenue of RM1.08 billion reported in the same quarter last year. Despite the increase of capacity of 12% YoY (with number of aircraft now at 58), demand remained solid with a passenger load factor of 80% for Q2 2012.
147. Q1 2015 ADR and RevPAR Increases for Canadian Hotel Industry
According to data compiled by STR, the Canadian hotel industry reported positive results in two of the three key performance metrics for the first quarter of 2015. In year-on-year results, the Canadian hotel industry’s occupancy was down 0.4% to 55.6%, ADR rose 2.6% to CA$132.57, and RevPAR increased 2.1% to CA$73.72. Among the provinces, British Columbia reported the highest RevPA
148. AirAsia Reports Q1 2016 Operating Results
In Q1 2016, the AirAsia Group reported an average load factor of 86%, up 9 percentage points against the same period last year. The number of passengers carried increased 17% year-on-year to 13.9 million, well ahead of the 6% increase in capacity. At the end of the first quarter, the group’s total fleet size stood at 170 aircraft (171 including one aircraft that was delivered to Ai
149. Korean Air Reports Q3 Profit
Korean Air Reports Q3 Profit. Korean Air has reported an operating profit of 100.1 billion KRW for the third quarter of 2009 compared to loss of 25.1 billion KRW a year earlier, on a 14.7% drop in operating expense thanks to lower fuel prices and a stronger Korean Won, as well as better performance in its international passenger business.
150. Korean Air Reports Q2 2012 Results with Return to Operating Profit
Korean Air has reported an operating income of 3,119 billion KRW for the second quarter of 2012, a year-on-year increase of 9.9%. Operating profit turned to black from a loss of 38 billion KRW in the same period of last year to a profit of 100 billion KRW. International passenger and cargo businesses remained the major revenue contributors for the airline, accounting for 56.8% and
151. Philippine Airlines reports $114m Loss
Philippine Airlines reports $114m Loss. Philippine Airlines has reported a total comprehensive loss of $113.8 million for the first six months (April to September 2008) of its current fiscal year – principally the result of the unprecedented surge in fuel prices that occurred in the second quarter (July to September) of the fiscal year. PAL had earlier reported a total comprehensiv
152. IATA Expects Airline Industry to Remain Cash Negative Throughout 2021
IATA has announced that it expects the airline industry to remain cash negative throughout 2021. Previous analysis (November 2020) indicated that airlines would turn cash positive in the fourth quarter of 2021. At the industry level, airlines are now not expected to be cash positive until 2022. Published by TravelNewsAsia.com on 25 February 2021.

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