Boeing reported record fourth-quarter revenue of US$24.5 billion on higher deliveries and core earnings per share (non-GAAP) that increased 23 per cent to US$2.31, reflecting strong performance across the company. Fourth-quarter 2014 core operating earnings (non-GAAP) increased to US$2.3 billion and GAAP earnings from operations increased to US$2 billion. Fourth-quarter 2013 results included a US$406 million non-cash charge related to the A-12 settlement. "Strong operating … [Read more...] about Boeing reports record 4Q2014 revenue
revenue
JAL’s profit drops despite strong cargo revenue
Japan Airlines (JAL) reported a 3.1 per cent YoY drop in group net profit for the first three quarters of fiscal 2014, to 119.684 billion yen (US$1.01 billion), despite a nearly double-digit rise in international cargo revenue. Despite the fall in profit, JAL raised its full-year earnings forecast to a net profit of 139 billion yen - against a previous projection of 135 billion yen - owing to falling fuel costs and stronger revenue in its cargo business. … [Read more...] about JAL’s profit drops despite strong cargo revenue
Blue Dart December quarter profit rises 17%
India’s Blue Dart Express reported a 17.7 per cent rise in standalone net profit at Rs 27.13 crore for the quarter ended December 2014. The company had registered a net profit of Rs 23.04 crore for the corresponding period a year ago, it said in a filing to the BSE. Total income from operations during the quarter increased to Rs 588.87 crore from Rs 505.50 crore in the same period last financial year. "We have been able to sustain our growth momentum in our performance this quarter, … [Read more...] about Blue Dart December quarter profit rises 17%
Half-year airfreight volume up at Emirates
Emirates announced its half-yearly results which show steady performance and growth, despite a challenging business environment. In the first half of its financial year 2014-15, Emirates Airlines’ volume of cargo uplifted was up by 5.4 per cent. It also reported continued business growth, both in terms of capacity on offer and traffic carried. Capacity measured in ASKM, grew by 6.5 per cent, whilst passenger traffic carried measured in RPKM was up 9.8 per cent with Passenger Seat … [Read more...] about Half-year airfreight volume up at Emirates
Abu Dhabi airport cargo up 5.7%
Abu Dhabi Airports reported a 5.7 per cent increase in cargo tonnage handled in July 2014 when compared to July 2013, reaching 67,456 tonnes. Aircraft movements reached 13,188, representing a 16.1 per cent increase over the 11,355 movements reported in July 2013 and the airport also recorded a 21.7 per cent increase in passenger traffic at Abu Dhabi International Airport for the month of July. A total of 1.7 million passengers passed through Abu Dhabi International Airport in July 2014. In July … [Read more...] about Abu Dhabi airport cargo up 5.7%
APAC volumes show continued growth
Preliminary traffic figures for the month of July released by the Association of Asia Pacific Airlines (AAPA) showed continued growth in both international passenger and air freight demand. Supported by encouraging growth in demand for exports from major regional manufacturing hubs, air freight growth accelerated in July with a 6.4 per cent increase compared to the same month last year. For the third consecutive month, the expansion in capacity lagged growth in demand. In July, offered … [Read more...] about APAC volumes show continued growth