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Mika Vehvilainen said. Posted a 2009 net loss of 651 million, narrowed.9 from.4 billion loss in 2008, and said it and the airline industry must continue to pare down costs. It added two 737-900ERs this year (atwonline, March 19, 2007). Spinetta said the new management will focus on three priorities: a rapid reduction of the companys.5 billion net debt, additional cost savings, and the restructuring of its short- and medium-haul business. "But this is strictly a matter of aviation safety and so I told them no he said. It sold mainly through travel agents. Freight operations benefited from the enhanced capacity offered by a block space agreement with DHL between Muscat and Dubai. The airline has racked up repeated losses since it was formed in the 2012 merger of Chile's LAN and Brazil's TAM, hamstrung by Brazil's economic problems and negative currency effects. Passenger boardings increased.7 to 28 million and cargo volume rose.2 to 428,000 tonnes. As a result, the ticket sale has been stopped and aircrafts remain on the ground. Loss per share was.45 euros compared to earnings per share.17 euros in the prior year.

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Airline News about Scheduled Airline Failure Insurance

Only Africa and the USA maintained revenue levels for both passenger and cargo traffic During the nine-month period, the carrier transported.3 million passengers, up 4, on 357,000 flights. The agency is questioning Pan Am's financing, management practices and regard for the law and regulations governing service. In addition, VLM Airlines also reported that its planned sale-leaseback deal for several aircraft in its fleet fell through due to an unsuccessful re-capitalization, as well as several charter clients canceling contracts. United Continental Holdings US417 million first quarter loss News reports state that United Continental Holdings, parent of forex currency converter calculator United Airlines, has posted a first-quarter net loss of 417 million, including 92 million of special charges, compared with a 2012 first-quarter net loss of448 million. Simasius did not dismiss the possibility of an official investigation into the airline activities. The study follows CY reporting a half-year loss.5 million (32.4 million).

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