Air Canada's international passenger sales jumped 25% and operating income rose 14.4%. There was a US$43m gain on the sale of warrants.
The move into profit was helped by lower debt, but comes before a charge for cabin crew redundancies. A full-year loss of $240m is expected.
BA's after-tax profit rose 13.3% in Sterling terms as load factors rose 2.3 points to 74.3% and yields per ATK rose 1.4%.
Canadian's record quarterly earnings came after US$3.4m of route restructuring. RPMs grew 8.9% and yields rose 0.6%, though load factors fell.
Finnair's pre-tax profit rose 55% in markka terms as passenger numbers rose 10.5%. Operating costs rose 5.5% on a 7.7% turnover increase.
KLM's pre-tax income rose 10% to $248m despite the resumption of pension premium payments. The fall in net income was due to a $59m tax charge.
Measured in Deutsche marks, Lufthansa's pre-tax income was flat; the stronger mark cost the carrier DM440m ($307m) in the period.
MAS's net earnings rose 43% on strong revenue growth. Interest charges rose 45.5% to US$85m and depreciation jumped 23.5% to $173m.
PAL blamed declining revenue, unprofitable domestic routes, high maintenance costs and foreign exchange for its $35.9m first-half loss.
The stronger Swedish krona boosted SAS's result by $26m, but strikes cost $42m. Yield rose 5% in the first nine months as traffic fell slightly.
Operating income rose 32% to $45.8m as operating expenses fell 10%. The net loss arose from restructuring and $57.5m in shares for employees.
Operating costs rose 4.2% as traffic increased by 5.8%. Passengers per employee rose 4.2% and net retail income per passenger rose 3.4%.
Y = Year. H = Half year. Q = Quarter. M = Months. *= Results are before tax and Air France's extraordinary items and Finnair's and Lufthansa's transfers to reserves. Currencies are converted into US dollars at average exchange rates during the reporting period. Per cent changes in local currencies. Source: Company reports, Reuters
Source: Airline Business
