- Air Canada, the countrys largest carrier, reported a bigger quarterly loss on Monday as higher fuel costs offset a rise in traffic. Malaysian Airlines shares suspended News reports state that Shares in Malaysia Airlines, the company hit by two air disasters this year, have been suspended ahead of a significant announcement. In a statement, Flick said that the government of Latvia, as a minority shareholder in the airline, has neglectfully and repeatedly delayed any decisions regarding the capital increase and that BAS has declared its willingness to cover the capital increase fully or proportionally together with. 7 February 2014 Carpatair goes into Bankruptcy protection News reports state that Romanian regional carrier Carpatair has been given the legal go-ahead to restructure under bankruptcy protection.
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Its chief executive, Bill Diffenderffer, resigned nearly two weeks ago. Reported its first quarterly profit loss in 13 years on Tuesday following a turbulent second quarter that saw the airline narrowly avoid a pilots strike, but absorbed soaring jet fuel prices. Air France-KLM said the lower expected result -.2-2.3 billion euros (1.7 billion pounds-1.8 billion pounds) down from previous guidance.5 billion - still represented a 20 percent improvement on 2013 earnings before interest, tax, depreciation and amortisation. The first quarter is traditionally its weakest. "Our customers, shareholders and our workers are our top priorities, we decided to introduce this procedure to make sure we have time to do the necessary, "he added. 22 November 2008 * DayJet to fold after filing for Chapter 7 News reports state that DayJet Corporation's assets will be sold off to pay its creditors after the company filed Chapter 7 bankruptcy last week, nearly two months after grounding its fleet. The airline owner had a net loss of 596 million kronor (93 million compared with a year-earlier profit.61 billion kronor, Stockholm-based SAS said in a statement today. The revenue improvement was attributed to several factorsincluding a 7 increase in fares, an 8 increase in passengers on traditionally profitable domestic routes, and a 3 increase in capacity. The response of the management is very slow in coming and we have reached a point where our patience has been completely exhausted and we have said the airports authority make some meaningful response." He said failure to do so by midday on Tuesday could. The report free scalping indicator forex factory came at the same time as claims that the company could be set to free up some of its Belfast to Gatwick slots as part of a European Commission requirement amid the IAG takeover.
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