Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
IB Anounces 12,2Million Euros Profit  
User currently offlineBullpitt From Spain, joined Mar 2004, 871 posts, RR: 8
Posted (7 years 2 months 2 weeks 6 days 6 hours ago) and read 1429 times:

Hi IB has just anounce a profit of 12,2 million Euros in the first Quarter against a loss of 44,9 million for the same period last year. Just goes to show that we must be doing something right.  bigthumbsup  By the way Spanair anounce a 41 million loss for the same period. 61% more than last year. These are the people trying to sell the catalan Gov. that if they are given the south terminal they will do transatlanctic fligts. MY  butthead  The thing is will politicians really believe that?

By the way does anybody know if Vueling has anounced their usual Quartely LOSS  Big grin


These are my principles but if you don't like them I have others
3 replies: All unread, jump to last
 
User currently offlineIberiaA319 From Spain, joined Sep 2005, 574 posts, RR: 38
Reply 1, posted (7 years 2 months 2 weeks 6 days 2 hours ago) and read 1321 times:

Quoting Bullpitt (Thread starter):
By the way does anybody know if Vueling has anounced their usual Quartely LOSS

No, it has not been announced for Q1, which probably means that the financial result is not as good as expected. Only the spectacular increase in passenger figures (the traffic data) has been announced for the first months, which shows an increase of 81 %, compared to the same period in 2006. Apparently the target price of the Vueling shares should increase during the next months, even up to 50 Eur for each share (currently it is at 37.90 Eur), according to the financial analysts (but actually the financial results should be considered as well, and not just the traffic figures).


User currently offlineBullpitt From Spain, joined Mar 2004, 871 posts, RR: 8
Reply 2, posted (7 years 2 months 2 weeks 6 days 2 hours ago) and read 1284 times:

That's right traffic figures can mean more profits or more loss. As you have said I imagine they are going to show an even bigger loss than last year. The thing is when they go bust who is going to pick up the pieces (The Spanish tax payers as usual?) Many senior post in the airline in the last few months have either been invited to leave (have been fired) or have fled the airline, WHY? Only time will tell. But if I had money in the airline I'd be taking it out very quickly.  dollarsign   down   tombstone 


These are my principles but if you don't like them I have others
User currently offlineIberiaA319 From Spain, joined Sep 2005, 574 posts, RR: 38
Reply 3, posted (7 years 2 months 2 weeks 5 days 23 hours ago) and read 1203 times:

Well, in my opinion Vueling shareholders are too confident even with the current lack of information.

Regarding Iberia's profit, it has been achieved due to the implementation of several measures of the current Plan Director, which has been focused in the cost reductions and also an improvement in the personnel expenses.

You can check more details about Iberia's results (expenses, incomes, Ebitda) in the following article (in Spanish):

http://www.europapress.es/noticia.aspx?cod=20070511134435&ch=274


Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
Air Berlin 30-40 M Euros Profit... posted Thu Sep 23 2004 07:39:39 by Beaucaire
Westjet Announces $12.8M Q4 Profit posted Wed Jan 21 2004 18:59:10 by CanadaEH
KLM 2Q 90 Million Euros Profit posted Thu Oct 23 2003 10:24:36 by Flyingdutchboy
IB Increases MAD-GRU To 12 Weekly Nonstop posted Mon Sep 11 2006 10:24:31 by Hardiwv
Virgin Blue 9 Month Profit Rises 12.8% To US$64.5M posted Wed Aug 23 2006 05:01:48 by Singapore_Air
Westjet Q1 Profit $12.89 Mil posted Thu Apr 27 2006 18:27:21 by Yeggerman
Ryanair Half-year Net Profit Of 237m Euros posted Mon Nov 7 2005 17:28:55 by Pe@rson
GF Back In Profit In Two Years posted Fri May 11 2007 15:06:05 by CV580Freak
Remembering Braniff - May 12, 1982 posted Fri May 11 2007 14:22:51 by Contrails
LH Purchase Of IB posted Wed May 9 2007 22:27:50 by Qazar