Airbus Group NV lost an order from Alitalia SpA last month for 12 A350-800s, the smallest variant of its new wide-body jetliner, as the Italian carrier awaits a possible financial lifeline from Etihad Airways PJSC.
Net income jumps to $3m from $1.1m yr earlier, Indian Ocean carrier says in e-mailed statement * Annual passenger count reaches 352,474; international pax double to 195,857 * Rev gains 107% to $88.7m * Cargo volume up 159% to 5,529 metric tons * Gains aided by 2nd Airbus A330; orders placed for 3 DHC-6 Twin Otters for island-hopping routes * NOTE: Airline is in strategic partnership with Etihad Airways, which has 40% stake
Deutsche Lufthansa AG said curbs on airline mergers are limiting its ability to target emerging markets and channeling takeover activity into service operations where investment rules are less stringent.
Qatar Airways Ltd. Chief Executive Officer Akbar Al Baker said he’s pursuing acquisitions after reviving an investment strategy that saw the company offered stakes in carriers including Italy’s Alitalia SpA.
Air Berlin Plc delayed its annual earnings conference scheduled for today for a second time, saying it will disclose its numbers before the end of April as it works on an overhaul to boost the airline’s liquidity.