Royal Jordanian reports $37 million 1H 2017 net loss
Royal Jordanian (RJ) incurred a net loss of JD26.3 million ($37.1 million) in the 2017 first half, a figure the airline said was driven by seasonality and a decline in average fares because of over-capacity in the industry.
Air France-KLM reverses losses in 1H
Air France-KLM saw a turnaround in its financial results in the 2017 first half, delivering a group net profit of €151 million ($176.8 million), reversed from a loss of €114 million in the same period a year ago.
Etihad Airways blames one-offs for $1.87 billion loss in 2016
Etihad Airways recorded a net loss of $1.87 billion for 2016, reversed from a net profit of $103 million in 2015. Etihad said exceptional charges were major factors behind the huge deficit and its core airline operation had turned in a “solid performance.”
Ryanair reports 55% net profit jump in 1Q
Ireland-based low-cost carrier (LCC) Ryanair reported a 55% jump in net profit for the first quarter of its 2018 financial year, with the post-tax figure rising to €397 million ($453 million), compared to €256 million a year ago.
