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- Edition: 1397
Headlines
Contents Heathrow nine-month earnings up 9.6%
Heathrow Ltd, formerly the British airport operator known as BAA, posted a 9.6 percent rise in profit during the first nine months of 2012, helped by rising traffic and revenue at its London Heathrow hub, reported Reuters.
Hurricane forces cancellation of flights
Thousands of people were affected on Sunday as US airlines cancelled more than 7,400 flights through Tuesday ahead of the two storm systems converging on the East Coast, reported Dow Jones Newswires.
Copenhagen Airports sells Newcastle stake to fund
Danish airports operator Koebenhavns Lufthavne or Copenhagen Airports, has agreed to sell its 49 percent interest in NIAL Group, the parent company of Newcastle International Airport, to a fund managed by AMP Capital Investors, reported Dow Jones
China Southern third
quarter profit down 29%
China Southern Airlines posted a 29 percent fall in third-quarter net profit from a year earlier, weighed down by softening growth in air travel demand and foreign-exchange losses.
Portugal gets eight bids for airport firm
Portugal moved closer to selling airport operator ANA, attracting eight preliminary offers in a deal that could help the indebted country raise up to US$2.6 billion, reported Reuters.
Branson close to airline alliance as Virgin pushes into India
Virgin Atlantic is considering breaking with its go-it-alone history by joining an airline alliance, Richard Branson said as he launched Virgin's new route to Mumbai with a pledge to expand to three more Indian destinations if he could win slots at
JNPT to seek bigger profit share from DP World
Jawaharlal Nehru Port Trust (JNPT), which had invited bids for a new container berth at Nhava Sheva, will seek a larger share of profits from DP World, the lone bidder for the project, reported The Economic Times.
TNT Express sees Q3 profit jump 80%
Dutch package shipper TNT Express saw third quarter net profit soar 80 percent, despite challenging trading conditions and reiterated that it's confident to receive clearance from European regulators for its merger with US-based United Parcel Service
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