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Search results for “oil”
Cathay Pacific’s disappointing 2016 impacted by regional competitors
07/19/2016
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9:18:47 AM
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The performance of Cathay Pacific in the first half of 2016 was impacted by the emergence of mainland Chinese carriers and many regional budget airlines as well as a rebound in crude oil prices this year.
IATA lifts 2016 airline profit forecast to USD 39.4 billion
06/03/2016
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2:32:01 PM
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World's airlines expected to generate combined profits of USD 39.4 billion this year.
Uber turns to Saudi Arabia for USD 3.5 billion cash infusion
06/02/2016
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9:56:28 AM
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In its quest to build a global empire, Uber has turned to the Middle East for its biggest infusion of cash from a single investor.
What the Brexit vote means for the global tourism industry
06/27/2016
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6:40:36 PM
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Outcome of the Brexit vote probably won’t be felt in the global tourism industry until at least two years from now.
Virgin Australia finds new love as it goes through messy Air New Zealand divorce
05/31/2016
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9:09:24 PM
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Virgin Australia sees alliance with largest private Chinese carrier as a great growth option, yet cash injection from HNA, won't go far enough to solve Virgin's overgeared balance sheet.
Virgin Australia sells stake to China's HNA Aviation
05/31/2016
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11:30:53 AM
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China's largest private airline operator will buy a 13% of Virgin Australia in a deal the Australian airline says will help it capitalise on the growing Chinese travel market.
China’s carriers report buoyant Q1 results
05/04/2016
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9:17:21 PM
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Major Chinese carriers posted decent gains in first quarter of the year due to ongoing low crude prices and increasing domestic demand
Overcapacity hits major airlines on rapid expansion
04/05/2016
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10:11:44 PM
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China's three state-owned airline companies saw declining yields on international routes last year, despite rosy annual performance reports amid record-low oil prices
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