Raytheon reported a net profit of USD728 million for, or USD1.94 a share, for 3Q2010. The result is up from USD490 million, or USD1.25 a share, a year earlier. The result included a one-time favourable tax settlement of USD170 million. Net sales were USD6.3 billion, compared with USD6.2 billion in 3Q2009...
Finnair (+0.6%) rose marginally on Thursday (28-Oct-2010) after reporting its first profitable quarter for 3Q2010, after seven successive loss-making quarters. The carrier reported a profit of EUR32.4 million for the quarter, compared with a loss of EUR18.1 million in the previous corresponding period...
Allegiant strengthened 7.8% during trade yesterday in the wake of its 3Q2010 earning release. Allegiant was the best performing airline stock in the US market after upbeat outlooks from analysts. At the other end of the spectrum, Cebu Air (-4.5%) fell sharply to finish the day’s trade near its float...
Kenya Airways (+2.3%) reports (28-Oct-2010) the following traffic highlights for the three months ended Sep-2010:
Spain’s Ferrovial (-0.1%) reported a revenue increase of 0.3% in financial highlights for the nine months ended 30-Sep-2010.
Pakistan International Airlines shares soared 11.6% marking its steepest rise in more than four months and despite the Karachi Stock Exchange 100 Index slipping 0.7%.
Malaysia Airports Holdings Bhd (MAHB) reported a net profit of MYR61.8 million for the three months ended 30-Sep-2010, down 25.9% year-on-year.
Jet Airways shares gained 1.2% on Friday. The carrier, upon the release of its financial results for the three months ended 30-Sep-2010, stated it expects yields and traffic to continue to improve adding that the “buoyancy in Indian domestic travel market has been fuelled by a healthy GDP growth and...
