Tuesday, 7 September 2010

Financial News

No choice but profit for Travellers Choice

Thursday, 2 September 2010

Choosing to invest in Travellers Choice has proved lucrative for shareholders, receiving 95 percent of the company’s $728 000 operating profits for financial year 2009/2010.

Amadeus achieves 38% net profit boost

Wednesday, 1 September 2010

Amadeus Group, parent company Amadeus IT holding, experienced a 38 percent increase in its net profit to €246.8m for the six months ending 30 June.

Swifter, higher, stronger Visa spending at Singapore 2010 Youth Olympics

Wednesday, 1 September 2010

The lead-up to the opening day of the Singapore 2010 Youth Olympic Games has seen a boost in foreign visitor spending, it has been reported.

AirAsia propel high in Q2

Tuesday, 31 August 2010

AirAsia Berhad ought to be questioning the reality of the financial crisis with record breaking figures the airline almost doubled net profits during the second quarter 2010.

Air NZ reveals 2009/10 profits, significant growth plans

Friday, 27 August 2010

Air New Zealand has reported normalised profit before taxation of $137 million for the 2009/10 financial year.

Air Astana reports strong performance during first half 2010

Thursday, 26 August 2010

Kazakh flag carrier continues to lead CIS region with an all western fleet, expanding Central Asia network and service innovation

No hypotheticals as Wotif books record year profit

Thursday, 26 August 2010

Online booking travel agency Wotif.com has reported a record year profit of AU$53 million, growing its share of the online booking market for accommodation and flights.

Virgin Blue profits zone out of the red

Thursday, 26 August 2010

Virgin Blue are out the red for the year ending 30 June 2010, reporting a net profit before tax of $34.3 million a considerable increase compared to the $226.2 million loss for the same time last year.

59% net profit jump for Tourism Holdings

Thursday, 26 August 2010

Tourism Holdings Ltd. has reported a 59% net profit increase as its turnaround strategy begins to bear fruit.

Record profits for Rex despite demand decline

Wednesday, 25 August 2010

Despite facing a 5% drop in passenger demand, Regional Express Holdings (REX) has achieved a record profit after tax of $24.6 million for the 2009/10 financial year.

Flight Centre triples net profit in 2009/10

Tuesday, 24 August 2010

Flight Centre's net profit more than tripled in the 12 months to June 30 due to a healthy increase in ticket sales and improved margins.

Malaysia Airlines sees Q1 profits burnt by fuel in Q2

Tuesday, 24 August 2010

Malaysia Airlines has reported a RM3.9 million operating profit for the first half of 2010, with much of the profit made in Q1 eroded by fuel expenditures in Q2.

THAI seasonally slow but steady in Q2 2010

Monday, 23 August 2010

Thai Airways International (THAI) has released its financial results for the second quarter of 2010, reporting a seasonal slow period that was still comparatively better than the same quarter in 2009.

Korean Air Achieves Record High Q2 Results

Tuesday, 17 August 2010

Korean Air, South Korea's flagship airline, announced its financial results for the second quarter of 2010 ended June 30, 2010, which hit record high in terms of the operating revenue.

Qantas bounces back with $377 million

Thursday, 12 August 2010

Qantas reported an increase in underlying profits before tax of almost three times as much for the year ending 30 June 2010, of $377 million.

Greater China drives IHG's half year results

Thursday, 12 August 2010

The InterContinental Hotels Group (IHG) has released its financial results for the half year to 30 June 2010, with solid performance due to their leadership position in Greater China.

Stella effect on Jetset's FY10 results

Wednesday, 11 August 2010

Jetset Travelworld has recently released encouraging results for the financial year to 30 June 2010, given the bottom-line impact of its proposed merger with Stella Travel Services.

Expedia posts second quarter growth, thanks transaction boom

Friday, 6 August 2010

Online travel agency Expedia reported an increase in its second quarter revenue, driven by growth in travel bookings and robust advertising.

Travel Counsellors Sales Surge

Thursday, 6 May 2010

Travel Counsellors has reported booming sales in Australia for the first quarter of 2010, with annualised sales reaching almost $40.0 million.