ADP sees “mild” 2009 profit growth, lower traffic
Aeroports de Paris forecast “mild” revenue and core profit growth in 2009 and trimmed its medium-term outlook as it posted annual results above market expectations on Thursday.
Aeroports de Paris forecast “mild” revenue and core profit growth in 2009 and trimmed its medium-term outlook as it posted annual results above market expectations on Thursday.
Germany’s Lufthansa warned of a considerable fall in 2009
The European Commission said on Tuesday it would relax use-or-lose rules on take-off and landing slots during the recession, but budget carriers said the move would favour their higher-cost rivals.
U.S. aircraft maker Boeing and one of Mexico’s largest commercial airlines, Mexicana de Aviacion, have reached a leasing agreement for 25 new 717 twin engine jets, Boeing said on Monday.
Turkish airport ground services provider Celebi said on Monday it had bid in a tender for modernisation of Delhi’s Indira Gandhi airport, India’s second-biggest cargo airport.
Fraport expects passenger volume at its main Frankfurt airport to start stabilising again from the third quarter of this year, Chief Executive Wilhelm Bender said last week.
British Airways predicted a second year of operating losses on Thursday and said it would make further job cuts, while easyJet (EZJ.L) and Air Berlin (AB1.DE) added to the industry gloom with news of lower passenger numbers.
Fraport (FRAG.DE) said it saw full-year 2009 earnings and sales declining as passenger numbers remained weak amid the global economic crisis and after it sold some assets.
More than 1,000 flights were canceled and hundreds of thousands were left without power on Monday after a late-winter storm dumped more than a foot (30 cm) of snow along the East Coast of the United States
Frankfurt Airport operator Fraport AG said it is considering cutting work hours at its cargo dispatching unit, Frankfurter Rundschau newspaper quoted a spokesman as saying on Saturday.