e-Travel Blackboard New Zealand's : Financial News

Friday, 10 September 2010

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Editor: Daisy Melwani

Financial News

59% net profit jump for Tourism Holdings
- Friday, 27 August 2010
  - Tourism Holdings Ltd. has reported a 59% net profit increase as its turnaround strategy begins to bear fruit.
Swifter, higher, stronger Visa spending at Singapore 2010 Youth Olympics
- Friday, 27 August 2010
  - The lead-up to the opening day of the Singapore 2010 Youth Olympic Games has seen a boost in foreign visitor spending, it has been reported.
Malaysia Airlines sees Q1 profits burnt by fuel in Q2
- Tuesday, 24 August 2010
  - Malaysia Airlines has reported a RM3.9 million operating profit for the first half of 2010, with much of the profit made in Q1 eroded by fuel expenditures in Q2.
THAI seasonally slow but steady in Q2 2010
- Monday, 23 August 2010
  - Thai Airways International (THAI) has released its financial results for the second quarter of 2010, reporting a seasonal slow period that was still comparatively better than the same quarter in 2009.
Korean Air Achieves Record High Q2 Results
- Tuesday, 17 August 2010
  - Korean Air, South Korea's flagship airline, announced its financial results for the second quarter of 2010 ended June 30, 2010, which hit record high in terms of the operating revenue.
Greater China drives IHG's half year results
- Monday, 16 August 2010
  - The InterContinental Hotels Group (IHG) has released its financial results for the half year to 30 June 2010, with solid performance due to their leadership position in Greater China.
Qantas bounces back with $377 million
- Friday, 13 August 2010
  - Qantas reported an increase in underlying profits before tax of almost three times as much for the year ending 30 June 2010, of $377 million.