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Search Result for “$8 billion”

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BUSINESS

Flight test

Asia focus, Erich Parpart, Published on 22/07/2019

» Carsten Spohr was named Manager of the Year in 2017 by Manager Magazin in Germany when Lufthansa's profit hit a record high and its share price jumped 150%. Two years later, he finds his skills being tested to the limit after issuing a second profit warning in six months. While the airline is on track for an operating profit of 2 billion euros this year, it is 25% below analysts' forecasts.

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BUSINESS

Declining tourist numbers put pressure on THAI

News, Published on 18/06/2019

» Passenger traffic during the low tourism season in the third quarter will have a direct bearing on Thai Airways International Plc's (THAI) revenue for the entire year, says a source at the national carrier.

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THAILAND

Sky-high WiFi set to go far and wide

Business, Kamolwat Praprutitum, Published on 27/06/2018

» Air passengers putting their phones and tablets on flight mode are set to be a thing of the past as on-board WiFi service becomes the rule rather than the exception in the hugely lucrative connectivity industry, says an executive at Inmarsat, the British provider of global mobile satellite communications.