China Southern Airlines reportedly reported loss from the carrier’s A380 operation in 2012 between CNY150 million (USD23.4 million) and CNY200 million (USD31.3 million), according to The Economic Observer. The carrier is scheduled to take delivery of its fifth and final A380 at the end of Feb-2013.
China Southern Airlines A380 loss reached up to USD31m in 2012: report
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Ryanair has continued its impressive growth with a 25% increase in net profit and a 15% increase in passenger numbers in 1Q of its FY2016. This is more evidence of the success of its 'Always Getting Better' customer service initiatives. Profit growth was helped by lower fuel prices, although the benefit was limited by fuel hedging at last year's higher prices driven in part by another jump in load factor. More significantly, a jump in load factor more than offset lower average fares to drive up revenue per seat.
With 35 aircraft deliveries in FY2016 and 50 in FY2017, Ryanair continues to add to its network. The coming winter will see it open bases in Berlin Schoenefeld and Gothenburg. It is also in talks with many other airports across Europe that are interested in the traffic growth that Ryanair can bring. The strength of its network is such that it can happily continue to serve former bases by serving them from other airports, as demonstrated by its recent decision to close its Copenhagen base.
Aer Lingus' FY2016 outlook strong as IAG's bid nears acceptance; new era to begin for the Irish flag
Aer Lingus suffered a slight fall in its 2Q2015 operating profit. Healthy revenue growth, driven by strong trading on the long-haul network more than offsetting a dip in short-haul revenue, was not enough to counterbalance cost increases. Currency movements inflated both revenue and cost, but the net impact was detrimental to the result.
Aer Lingus expects these currency effects to be less in 2H and says it is satisfied with forward bookings. It is prevented by stock exchange rules from issuing FY2015 profit guidance while under offer from IAG, but it says that it expects an improved operating performance for 3Q and for the full year.
Meanwhile, the IAG offer looks very close to being accepted by Aer Lingus. This could be its last set of results as an independent airline. As it continues to battle powerful local rival Ryanair, Aer Lingus can look forward to a new phase of its history as part of Europe's strongest legacy airline group.