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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 […]

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BAA loss narrows on Heathrow traffic recovery

BAA Ltd., the owner of London’s Heathrow and Stansted airports, narrowed its first-half loss as traffic was spurred by growth in emerging markets and an alliance between British Airways and American Airlines. The net loss at the two London airports was 130.4 million pounds ($214 million), compared with deficit of 260.2 million pounds a year […]