Showing posts with label profits. Show all posts
Showing posts with label profits. Show all posts
Friday, September 27, 2013

■ SOUTH AFRICA: SA Express posts $65'000 profit for FY2012/13; plans fleet acquisition in 2H 2014.

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S A Express (XZ) has reported a small net profit of ZAR650'000 (USD64'930) on the back of a 14% rise in revenue for its 2012/13 Fin...
Wednesday, September 11, 2013

■ SOUTH AFRICA: Comair Ltd profits soar to USD23.1million for latest Financial Year.

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Comair Ltd has announced a significant improvement in its profitability for the 12-month period ending 30 June 2013. Revenue grew by 29% to...
Thursday, September 5, 2013

■ SEYCHELLES: Air Seychelles posts very strong 2Q & 1H2013 Financial results.

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Air Seychelles (HM) has announced a strong second quarter (Q2) and half-year financial performance, reflecting continued solid growth and s...
Tuesday, September 3, 2013

■ SOUTH AFRICA: ACSA posts $97million profit for latest Financial Year despite drop in pax, traffic numbers.

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The Airports Company South Africa (ACSA) has announced a ZAR991million (USD96.97million) profit, buoyed by a 16% rise in its revenue for it...
Monday, September 2, 2013

■ ETHIOPIA: More 787s for Ethiopian as Tewolde announces profits for FY2012/13 hit $140mln.

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Despite the airliner's initial teething problems initial teeth problems and the grounding of one of its five B787-8s, ( MSN 34744 | ...
Thursday, July 25, 2013

■ SOUTH AFRICA: Denel SOC posts strong $7.3million net profit for 2012/13 Financial Year as revenue grows 10%.

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South African state owned aerospace and defence technology conglomerate, Denel SOC Ltd, has posted a net profit of USD7.33million (ZAR71mil...
Friday, July 5, 2013

► ETHIOPIA: One more 777 for Ethiopian as Gebremariam is upbeat about this year's bottom line.

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Ethiopian Airlines (ET) has taken delivery of its sixth Boeing 777-200LR ( MSN 43814 | ET-AQL ) at a ceremony held at Addis Ababa Bole In...
Monday, June 10, 2013

■ SOUTH AFRICA: Comair Ltd forecasts 20% rise in earnings for this year as fastjet may face more launch obstacles.

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South African aviation group, Comair Ltd, the parent company of both kulula.com (MN) and its British Airways-franchise, BA Comair, says it ...

■ EGYPT: Egyptair's losses to narrow by 57% during this financial year; EHCAAN's profits to rise 15% - El-Maadawy.

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Egyptian Minister of Civil Aviation, Engineer Wael El-Maadawy, has announced that Egyptian national carrier, EgyptAir (MS), is expected to ...
Tuesday, May 21, 2013

■ MOROCCO: Royal Air Maroc set to rebound as operating profits hit $83million in 2012.

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Following a record USD50million (MAD499million) net loss posted in 2011 which necessitated a USD193million capital injection by the Morocc...
Monday, March 18, 2013

■ SEYCHELLES: Air Seychelles officially announces $1mln profit for FY2012/2013.

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Following three years of losses, Air Seychelles (HM), the national airline of the Seychelles, today officially reported a net profit of U...
Sunday, March 10, 2013

■ SEYCHELLES: One year on from Etihad tie up deal, Air Seychelles posts first profit (unofficially).

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One year on from when Abu Dhabi-based carrier, Etihad Airways (EY), signed a Memorandum of Understanding to acquire a 40 per cent stake i...
Monday, November 12, 2012

■ UNITED ARAB EMIRATES: Air Arabia posts huge $61.5million net profit for Q3 2012.

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Air Arabia Group, the largest low-cost carrier (LCC) in the Middle East and North Africa, today announced a net profit of USD61.5million (A...
Friday, November 9, 2012

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

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In a dramatic change of its fortunes since posting a Q1 loss of EUR27million earlier in the year, Réunion-based French carrier Air Austra...
Wednesday, October 10, 2012

■ SEYCHELLES: Etihad partnership starting to pay off as Air Seychelles quarterly revenues up 23%.

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Air Seychelles (HM) has announced Q3 revenues of USD$13.8 million, up 23% on Q2, as the airline's restructuring programme, initiated in...
Thursday, October 4, 2012

■ TANZANIA: Precision Air posts USD400'000 profit despite tough market conditions.

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Tanzanian private carrier Precision Air (PW) yesterday presented its  Ernst & Young audited report for the Financial Year 2011/2012 t...
Thursday, September 13, 2012

■ SOUTH AFRICA: Airports Company South Africa bounces back with a USD22million profit for FY 2011/2012.

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After a heavy loss of USD26.8million during the 2010/2011 Financial Year , The Airports Company South Africa (ACSA) announced ...
Wednesday, September 12, 2012

► SOUTH AFRICA: Comair Ltd declares no dividend despite rise in revenues.

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South Africa's Comair Ltd, the parent company of British Airways (Comair) (BA) and LCC Kulula (MN) today reported that it ...
Monday, June 11, 2012

► TANZANIA: Precision Air further delays Harare & Lilongwe to August amid strong growth.

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Tanzanian carrier Precision Air (PW) over the weekend announced that its planned new routes to Harare, Zimbabwe and Lilongwe, Malawi, wou...
Wednesday, May 9, 2012

► TUNISIA: Tunisair reports strong Q1 as Tunisia's tourism rebounds.

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Tunisair's (TU) results for the first quarter of 2012 shown a remarkable rebound from the same time last year when event...