Ryanair's net profit rises 30% on cost cuts, passenger numbers

Article Abstract:

Increased passenger numbers and successful cost-cutting measures have led to a net rise in Ryanair Holdings PLC's profits over first quarter results from a year earlier. Fares have been reduced at the airline, however, and the company is cautious about its full year predictions, stating that average fares are expected to remain low over the winter.

Sales, profits & dividends, Forecasts, trends, outlooks, Ireland, Air Transportation, Scheduled, And Air Courier Services, Company sales and earnings, Company earnings/profit, Ryanair Holdings PLC, Company business forecast/projection, Company forecasts

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BAA is cleared to raise charges

Article Abstract:

BAA PLC has been given regulatory permission to raise airline passenger charges at its 3 airports in London, England. The airport operator said that the approval virtually assures that it will see higher revenues over the next five years.

Airports, flying fields, & services, Airports, Airport Operations, London, England, BAA PLC, Fixed base operators industry, Airline passengers

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BA refocuses on restructuring

Article Abstract:

British Airways is refocusing its energies on a two-year restructuring plan. Under the plan, the carrier will lay off approximately 13,000 employees and reduce debt.

Strategy & planning, Financial management, Organizational history, Personnel administration, Management, Planning, Human resource management, Finance, British Airways PLC, Company restructuring/company reorganization, Reorganization and restructuring, Company personnel management, Layoffs, Company business planning, Company financing, Company organization, Layoff

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