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57. Emirates Group Profit up 5% to Dhs 2.8 billion (US $762 million)
Emirates Group Profit up 5% to Dhs 2.8 billion (US $762 million).
58. IATA revises Industry Financial Forecast
IATA revises Industry Financial Forecast. IATA has revised its industry financial forecast that would see the global airline industry post losses of US$5.2 billion in 2008 based on an average crude oil price of US$113 per barrel (US$140 for jet fuel).
59. IATA Revises 2010 Industry Outlook
IATA Revises 2010 Industry Outlook. IATA has revised its 2010 industry outlook and is now projecting a profit of $8.9 billion (up from the $2.5 billion forecast in June). In its first look into 2011, IATA estimates that profitability will drop to $5.3 billion.
60. 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.
61. IATA Reports 2010 Airline Statistics
IATA Reports 2010 Airline Statistics. IATA's full-year 2010 demand statistics for international scheduled air traffic show an 8.2% increase in the passenger business and a 20.6% increase in freight. Demand growth outstripped capacity increases of 4.4% for passenger and 8.9% for cargo. Average passenger load factor for the year was 78.4% which is a 2.7 percentage point improvement o
62. IATA Revises Airline Financial Outlook; $12.9B Global Net Profit Expected in 2013
IATA has revised its industry financial outlook. For 2013 airlines are expected to return a global net profit of $12.9 billion. This is expected to improve to a net profit of $19.7 billion in 2014. Both are improvements on the September forecast which anticipated an industry net profit of $11.7 billion in 2013 increasing to $16.4 billion in 2014. The upward revision reflects lower
63. SAS and IDeaS to Host Hospitality Seminar in Singapore
SAS and IDeaS to Host Hospitality Seminar in Singapore. IDeaS Revenue Optimization, a provider of revenue management and optimization solutions and services and SAS, a company that specialises in business analytics, are to host an hospitality education seminar in Singapore on Thursday 5th March.
64. Hilton opens hotel in Shenzhen
Hilton opens hotel in Shenzhen.

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