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Australia's Qantas announces 88 pct drop in net profit
SYDNEY (AFP) - Australian flag carrier Qantas on Thursday posted an 87.9 percent drop in its annual net profit to 117 million dollars (96.6 million US), down from 969 million dollars a year earlier.
Source:(AFP)
2009-08-18
Asian carriers brace for more rough weather
SINGAPORE (AFP) - Asia's leading airlines are bracing themselves for more rough weather after earnings nosedived in the first quarter with no signs of a global economic recovery in sight, industry analysts said.
Nations:Australia Source:(AFP)
2009-05-17
Three foreign airlines to plead guilty to cargo price-fixing: US
WASHINGTON (AFP) - Three international airlines -- Nippon Cargo Airlines of Japan, South Korea's Asiana Airlines and Luxembourg-based Cargolux Airlines International -- have agreed to plead guilty and pay fines for their roles in a cargo price-fixing scheme, the US government said Thursday.
Nations:South Korea Luxembourg Israel Source:(AFP)
2009-04-09
Experts: Airliner crashes more survivable recently
WASHINGTON - Four recent major airline accidents have something in common: Everyone survived.
Nations:U.S. Activities:2009 US Airway Accident 2006 Comair Crash Source:(AP)
2009-01-16
Financial crisis tipped to cut cost of air travel
PARIS (AFP) - The price of air tickets should start coming down soon because of the world financial crisis, experts are predicting, while ruling out a plunge that would endanger the health of airlines.
Nations:France Activities:2008 U.S. Recession Source:(AFP)
2008-12-07
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