Friday May 24, 2019
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color for Emirates posts significant drop in profits, at $237 million
Travelweek

Profit Report

Emirates posts significant drop in profits, at $237 million

The Middle East's biggest airline, Emirates, said on Thursday that profits were down almost 70% in the past fiscal year, reaching lows of $237 million, compared to last year's whopping $762 million.
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Transat reports $49.6 million first quarter loss, looks ahead to delivery of first A321LRs

Transat A.T. Inc. reported a loss of $49.6 million in its latest quarter compared with a loss of $3.2 million a year earlier as it was hurt by rising costs.
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WestJet aims for turnaround after turbulent year

WestJet Airlines Ltd. aims to lift its lagging profits over the next four years, predicting earnings growth of 40 per cent on a per share basis between 2019 and 2022 after a turbulent year that saw profits plunge.
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Enterprise Holdings announces record-breaking year for revenues, transactions and investments

Enterprise Holdings Inc. has reported another record-breaking fiscal year, with more revenues, transactions, vehicles, locations, investments and customer miles logged than ever before.
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Qatar Airways announces $69 million revenue loss this year

Qatar Airways suffered a $69 million loss this fiscal year, an over $800 million swing from the year before that the long-haul carrier blamed on the ongoing boycott of Doha by four Arab nations.
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Transat A.T. reports 5.3% increase in revenue in Q1 results

Transat A.T. Inc.’s first quarter results show a marked improvement from last year, and if trends continue, the company expects to maintain gains at the end of winter.
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Robust revenue growth drives record earnings for NCLH

NCL’s parent company Norwegian Cruise Line Holdings has come into 2018 at an all-time high.
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WestJet reports 51st straight quarter of profitability

WestJet is on a winning streak, which has lasted 51 consecutive quarters.
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Sunwing lands on PROFIT 500 list for 13th straight year

Sunwing Travel Group is celebrating lucky #13, as in its 13th consecutive year on PROFIT Magazine’s list of Canada’s Fastest-Growing Companies.
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Air Canada stock top performer among North American network carriers

Air Canada shares outperformed those of all its North American network carrier peers for the second consecutive year in 2017, according to the airline.
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MSC Academy celebrates 10,000 graduates with free cruise giveaway
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MSC Academy’s graduating class is now 10,000 strong, a major milestone that MSC Cruises is commemorating with free...
Sandals Resorts fires back against class action suit allegations
Holiday House and Sandals & Beaches promo offers 15% commission
Sandals Resorts says its guests are its top priority and asserts that it would never unlawfully charge its guests...
CIE waives single supplement on select 2019 tours in Ireland, Scotland
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CIE Tours says it will waive the traditional single supplement fee for select 2019 guided tours through Ireland and...
Get a jump on new agent airfares from Air Italy
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Air Italy has announced new promotional rates for travel agents and one accompanying guest, available for travel until...
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