Pinnacle Airlines traffic fell 3.5 percent in August, though occupancy rose to 80 percentSeptember 9th, 2009 Pinnacle Airlines says August traffic fell 3.5 pctMEMPHIS, Tenn. — Regional airline operator Pinnacle Airlines Corp.
American Eagle traffic fell 3.1 percent in August, but capacity reductions meant fuller planesSeptember 3rd, 2009 American Eagle traffic fell 3.1 percent in AugustFORT WORTH, Texas — American Eagle, the regional sister carrier to American Airlines, said Thursday that August traffic fell 3.1 percent from a year earlier, but planes were more crowded thanks to fewer flights. The results were slightly better than the 8.1 percent decline in traffic at American.
European Commission approves German airline Lufthansa's takeover of Austrian AirlinesAugust 28th, 2009 EU clears Lufthansa's Austrian Airlines takeoverFRANKFURT — German airline Deutsche Lufthansa AG said Friday the European Commission has approved its takeover of Austrian Airlines Group, allowing it start integrating the company in September. Cologne-based Lufthansa is taking over about 42 percent of the shares of Austrian Airlines owned by the government for about €336,000 ($480,000), according to the European Commission.
German airline Air Berlin's second quarter net profit falls 9 percent to €7 millionAugust 25th, 2009 Air Berlin Q2 net profit falls 9 pctFRANKFURT — German airline Air Berlin PLC said Tuesday its net profit fell about 9 percent in the second quarter as the global economic downturn continued to weigh on air travel. The Berlin-based company, Germany's second largest airline after Deutsche Lufthansa AG, said it earned euro7.1 million ($10 million) in the April-June period, compared with euro7.8 million in the second quarter of 2008.
Airports operator BAA says long-haul and European traffic returned to growth in JulyAugust 10th, 2009 BAA reports pickup in long-haul trafficLONDON —British airports operator BAA said Monday that European and long-haul traffic returned to growth in July, while London's Heathrow recorded its third-busiest month on record. BAA, which is majority owned by Spain's Grupo Ferrovial, said the number of passengers grew 1.2 percent in Europe and 4.8 percent across the long-haul network, excluding North Atlantic routes.
UAE airline sees jump in passenger numbersAugust 5th, 2009 ABU DHABI - Over 616,000 people travelled by Etihad Airways, an airline of UAE in July, a nine percent increase in passenger numbers compared to the same period last year, WAM news agency reported Wednesday. On July 31, 21,640 passengers flew by Etihad, making it the airline's busiest day in its five year history.
United Airlines traffic falls 4 percent in July, as broad decline countered by regional boostAugust 4th, 2009 United Airlines traffic falls 4 percent in JulyCHICAGO — United Airlines said Tuesday its traffic fell 4 percent in July, as a steep uptick in regional traffic partially offset a continued downturn in its core business. United said paying passengers flew a total of 11.15 billion miles last month, compared with 11.62 billion a year earlier.
German airline Lufthansa 2Q net profit falls 88 percent to euro40 millionJuly 30th, 2009 Lufthansa 2Q net pft falls 88 pct to euro40 millionFRANKFURT — Airline Deutsche Lufthansa AG said Thursday its second quarter profit fell 88 percent on a slump in sales — especially of lucrative first- and business-class seats — due to the global recession. The Cologne-based airline, Europe's largest by sales, earned euro40 million ($56 million) in the April-June period compared with euro337 million a year ago.
German airline Lufthansa 2Q net profit falls 88 percent to €40 millionJuly 30th, 2009 Lufthansa 2Q net pft falls 88 pct to €40 millionFRANKFURT — Airline Deutsche Lufthansa AG said Thursday its second quarter profit fell 88 percent on a slump in sales — especially of lucrative first- and business-class seats — due to the global recession. The Cologne-based airline, Europe's largest by sales, earned €40 million ($56 million) in the April-June period compared with €337 million a year ago.
German drug, chemical maker Merck second quarter net profit falls 48 percent to euro109 millionJuly 24th, 2009 Merck Q2 net profit falls 48 percent to euro109 MFRANKFURT — German drug and chemical maker Merck KGaA said Friday its second quarter net profit fell 48 percent as higher research costs and one-time effects from the acquisition of Serono weighed on the bottom line. The Darmstadt-based company reported a net profit of euro108 million ($153 million) in the April-June period compared with euro207 million a year earlier.
US Airways traffic falls 4.1 percent in June, key revenue metric drops 20 percentJuly 6th, 2009 US Airways traffic falls 4.1 percent in JuneTEMPE, Ariz. — US Airways Group Inc.
British Airways to cut seats, delay acquiring new planes as recession hits passenger numbersJuly 3rd, 2009 Airline BA to cut capacity, delay new planesLONDON — British Airways PLC announced Friday it will ground aircraft, slash seat numbers and postpone taking delivery of a dozen new Airbus A380 superjumbos as it faces a recession-driven decline in passengers. The airline said it carried 2.93 million passengers in June, 5 percent fewer than in June 2008.
Airline group IATA says weak economy, Easter shift, sent April premium traffic downJune 16th, 2009 IATA: Premium travel dropped 22 percent in AprilMINNEAPOLIS — More evidence emerged Tuesday that a bad economy pushes passengers to the back of the plane, as a trade group reported that traffic in the high-end airline seats fell 22 percent in April. Revenue from those passengers fell even faster, down an estimated 44 percent from April 2008, the International Air Transport Association reported.
March/April airline traffic at a glanceMay 9th, 2009 March/April airline traffic at a glanceApril and March traffic statistics for leading U.S. airline companies.
Finnish carrier Finnair posts 1Q loss of euro19 million on 10 percent fall in revenueApril 28th, 2009 Finnair posts 1Q loss of euro19 millionHELSINKI, — Finnair PLC on Tuesday reported a first-quarter net loss of euro18.6 million ($24.4 million) as turnover fell 10 percent, and warned it expects a full-year loss. The Finnish airline said sales fell to euro516 million ($677 million) in January through March, from euro573 million a year earlier.