Air Liberté returned to profit on strong sales growth, and said it was helped by the stronger dollar. The carrier launched its Orly-Toulouse route in January.

Air Malta's 19% profit increase produced a record result, with a 39.9% pre-tax return on shareholders' equity. It launched 13 new scheduled routes.

Its first financial report shows Emirates Group trebled net profits as sales jumped 19%. The airline made $24.4m net and the DNATA handling company made $7.6m.

FedEx's domestic operating profit slipped 9.5% to $133.6m, but its international profit jumped from $2.1m to $42.8m. Domestic yields declined 5.7%.

International markets benefited from a new economy fare structure and the strong yen. Systemwide operating expenses fell 0.1%, yet total tonne km grew 13.9%.

Malaysia Airlines moved back to substantial profit as revenue grew 15% but costs rose only 10.9%. Yield stayed level while unit costs fell by 1.8% and passenger load factors rose 2.8 points to 71.2%.

Malev estimates its full-year net profit rose by 23% to 69m forints, mainly due to financial transactions. Operating losses fell 37.5% to $5.2m.

PIA's operating profit rose 47.3% to $30.8m. The fall in net profit was because the 1992/3 net includes a gain of $25.8m arising from an insurance claim on an A310.

Thai said its net profit trebled, but did not release revenue data. Passenger load factors rose 2.6 points to 68.2%.

Varig made a strong move forwards as its restructuring and the strong real boosted performance. One third of the 10-month net was made in October.

Source: Airline Business

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