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Lida Mantzavinou comments on Q3 2012 Ryanair results
Ryanair’s Q3 2012 financial results show that the low cost carrier will exceed its latest profit expectations for the year. Frost & Sullivan estimates that the airline, compared to last year, is set to report a 5% increase in profit after tax in its full year results in March 2013. “The current air transport environment […]
Air France \ Air transport \ airlines \ associations \ cost reduction \ Emissions Trading Scheme \ European \ IAG \ KLM \ Ms Mantzavinou
Postponing ETS Implementation Relieves Airlines
Air transport associations, authorities, organisations and airlines have been strongly positioned against the Emissions Trading Scheme (ETS) as it would be a cost burden to airlines, calculated to add 1% to an average return fare, and would decrease up to 1% air traffic volumes. Intensifying price competition, that does not allow carriers to pass […]