Air France-KLM reports bigger EUR1.6 billion loss

Air France-KLM has just reported one of its biggest ever losses as it announces a EUR1.56 billion net loss for the financial year ending March 2010, but says it looks to breaking even in the coming y...

Smaller loss for Avis in first quarter

Despite revenue dipping slightly in the first quarter, Avis Budget Group has been able to record a smaller net loss for the first three months of 2010 when compared to a year earlier.

All Nippon airways remains in the red

All Nippon Airways (ANA) remains in the red for the second consecutive year with a net loss of 57.39 billion yen in the fiscal year ending in March.

Carnival profit drops, still better than forecast

Carnival Corporation posted on Tuesday a net profit of $175 million for the first quarter ending 28 February this year, representing a 33 percent profit decline compared to the same period a year ago

Travelport announces deeper loss for 2009

Travelport Limited has just announced a massive US$869 million loss for the calendar year of 2009, dramatically widening its US$176 million loss from a year earlier, as its operating loss edges towar...

Sales down 8% for Nuance Group in 2009

The Nuance Group, which operates duty free stores around the world, has just reported a CHF1.6 billion consolidated sales figure for the year of 2009, a 7.9% drop when compared to 2008.