■ RÉUNION: Air Austral bounces back with a $7.35million profit for Q3.

In a dramatic change of its fortunes since posting a Q1 loss of EUR27million earlier in the year, Réunion-based French carrier Air Austral (UU) yesterday announced a profit of USD7.35million (EUR5.78million) for Q3 of its 2012 Financial Year, an improvement of USD9.89million (EUR7.78million) on its loss of USD2.54million (EUR2.0million) for the same period last year.

► RÉUNION: Air Austral boss Malé gives carrier 3 months max to come up with A380 decision.

Réunion-based French carrier, Air Austral (UU), is reportedly still in negotiations with European aircraft manufacturer Airbus SAS over a possible deal involving two A380s, albeit, not for the 840-All-Economy-Seaters that were envisaged by previous boss and company founder, Gérard Ethève, prior to his departure from the carrier in April this year.