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The special items totaled USD169 million, with USD1.4 billion in fuel hedge losses.
The rest of the airline's operations will close down by 30th September.
Economic sanctions by Russia after Turkish forces shot down one of its fighter jets reduced traffic from that market in the first half of 2016.Meanwhile, Jet's decision continued to meet with protest from unions and politicians and Chairman Naresh Goyal agreed to meet with local political figures next week, the BBC reported.ASKs increased 14; RPKs were.2 and load factor was down.5 from 79 last year."The Tiger Airways Australia suspension led to the under-utilisation of the Group's fleet, which resulted in significant and adverse variances in the Group's financial unit metrics Mr Seng added.However, sales growth in each business segment, operating income, recurring profit and net income were all down compared to FY2012.Chikumba told the parliamentary portfolio committee for communication and infrastructural committee that the airline was incurring monthly operational costs of US6 million against revenues of US4.5 million.Etihad Airways president and CEO James Hogan, and CFO James Rigney, attended Jets board meeting for the first time after an equity deal between the two carriers received regulatory approvals.He cited the UK's Air Passenger Duty that collected 2 billion (3.72 billion) last year, a sum slightly more than aviation's climate change costs."Experience suggests this will take weeks or months rather than days says Simon Calder, travel editor at the Independent.News reports state that Bahrain Air on the verge of bankruptcy."This is not just a Cathay Pacific problem, it is clearly an industry-wide issue, and continued high fuel prices in particular are hitting airlines hard across the globe chief executive John Slosar has said.
Flights from Newquay to Glasgow, Guernsey, Jersey and Manchester as well as all Plymouth services will end on 14th September.The recent turmoil in the euro zone reinforces the fact that the world is still balancing on a knife edge.Kywest Airlines net half year loss.2 million News reports state that Perth-based Skywest Airlines reported a consolidated net loss after tax.2 million (1.8 million) for the half-year ended Dec.The EastAfrican has learnt that, barring a positive outcome from high-level negotiations, the business case for Air Uganda, which was just five months short of its seventh anniversary before hell broke loose on June 17, has changed so radically over the past three months that.The airline's shares listed.25 (NZ2.66) in December 2003.10 November 2011 Pinnancle Airlines 3rd Quarter net loss News reports state that Pinnacle Airlines Corp., the Memphis-based parent of regionals Pinnacle Airlines, Colgan Air and Mesaba Aviation, reported a third-quarter net loss.5 million, down from a net profit.4 million.Losses were exacerbated by.8m writedown related to upgrading its IT systems; the writedown was at the lower end of its previous guidance, but it warned that it expects to take a further 6m of charges from cancelling existing stop and shop rewards gas stations contracts in the next financial.

30 to 28 million (35.4 million) from 736 million earned in the year-ago period.
GLO in a Monday statement called the decision to cancel the contract "entirely unjustified" and blamed the management company for violating contract terms and providing poor service.