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Lufthansa reports loss as fuel costs rise and overcapacity weighs

Lufthansa reported an operating loss of 336 million euros ($380 million) for the first three months of the year, hurt by rising fuel costs and overcapacity in Europe, sending its shares down 5 percent in pre-market trade......»»

Category: topSource: reutersApr 16th, 2019

Rising fuel costs and seating surplus push Lufthansa into loss

Lufthansa reported an operating loss of 336 million euros ($380 million) for the first three months of the year, hurt by rising fuel costs and excess capacity in Europe, sending its shares down on Tuesday. Ciara Lee reports......»»

Category: videoSource: reutersApr 16th, 2019

Rising fuel costs and seating surplus push Lufthansa into loss

Lufthansa reported an operating loss of 336 million euros ($380 million) for the first three months of the year, hurt by rising fuel costs and excess capacity in Europe, sending its shares down on Tuesday......»»

Category: topSource: reutersApr 16th, 2019

Lufthansa gives cautious outlook - shares slide

Lufthansa issued cautious guidance on Thursday for revenue and profitability this year as it battles rising fuel costs and strives to erase losses at budget carrier Eurowings, sending its shares down sharply. David Pollard reports......»»

Category: videoSource: reutersMar 14th, 2019

Delta"s rising fares offset fuel cost surge

A rise in average fares trumped a nearly 40 percent surgein fuel costs, driving Delta Air Lines' quarterly operating revenue sharply higher. Fred Katayama reports......»»

Category: videoSource: reutersJul 12th, 2018

Tilray shares rise as pot firm reports higher selling prices

Tilray Inc. shares rose in post-market trading after the company reported revenue that beat estimates and a higher average selling price, though investor enthusiasm was dampened by weaker margins and a wider-than-expected loss......»»

Category: topSource: moneycentralMar 18th, 2019

Lufthansa gives cautious outlook as fuel and Eurowings weigh

Lufthansa issued cautious guidance on Thursday for revenue and profitability this year as it battles rising fuel costs and strives to erase losses at budget carrier Eurowings, sending its shares down 5 percent......»»

Category: topSource: reutersMar 14th, 2019

Qantas Better Watch the Bloat as Fuel Costs Rise

The carrier seeks to ramp up ultra-long-haul flights. That might not help the bottom line......»»

Category: topSource: washpostFeb 21st, 2019

U.S. Steel Plunges as European Sales Damp Profit Outlook

U.S. Steel Corp. headed for its biggest loss this year after the manufacturer projected lower-than-expected profit as prices slip and costs rise faster than expected in Europe......»»

Category: topSource: moneycentralJan 31st, 2019

Delta sees fuel costs dropping

Delta says fuel costs will drop and strong travel demand will boost profit in 2019. As Fred Katayama reports, United is bucking the trend by expanding its flight network as rivals scale back plans......»»

Category: videoSource: reutersDec 13th, 2018

French media reports: French President Macron abandons fuel tax rise amid fears of new protest violence

French media reports: French President Macron abandons fuel tax rise amid fears of new protest violence......»»

Category: topSource: foxnewsDec 5th, 2018

ECB can change rate path if inflation slows: Draghi

The European Central Bank can change its plans to start raising interest rates late next year if borrowing costs rise too far or inflation slows, ECB President Mario Draghi said on Friday. David Pollard reports......»»

Category: videoSource: reutersNov 16th, 2018

Post Office reports $3.9 billion loss for the year, as growth in expenses outpaces rise in revenue

The U.S. Postal Service reported Wednesday a fiscal 2018 net loss that widened to $3.91 billion from $2.74 b.....»»

Category: topSource: marketwatchNov 14th, 2018

Deep Dive: Airlines offset rise in fuel costs with ‘aggressive’ cost management

Among airlines in the S&P 1500, only United Continental has seen its stock rise this year......»»

Category: topSource: marketwatchOct 23rd, 2018

Airline stocks weighed down by rising fuel costs

Among airlines in the S&P 1500, only United Continental has seen its stock rise this year......»»

Category: topSource: moneycentralOct 22nd, 2018

Deep Dive: Airline stocks weighed down by rising fuel costs

Among airlines in the S&P 1500, only United Continental has seen its stock rise this year......»»

Category: topSource: marketwatchOct 22nd, 2018

United Boosts Profit Outlook as Fares Climb

The No. 3 U.S. airline reports revenue growth pushed past higher jet-fuel costs as it increased passenger capacity at its hubs......»»

Category: smallbizSource: wsjOct 16th, 2018

Delta (DAL) Beats on Q3 Earnings Despite High Fuel Costs

Delta (DAL) outperforms with respect to the bottom line in third-quarter 2018 backed by strong demand and improving yields. However, operating expenses rise due to high fuel costs. Delta Air Lines, Inc. DAL.....»»

Category: worldSource: nytOct 11th, 2018

Tipping point? Inflation creep at Australia"s mines to erode margins

As Australia's big miners gear up for a new round of expansion after years of belt tightening, prices for everything from labor to fuel to equipment have begun to rise, driving up costs and eating into margins......»»

Category: topSource: reutersAug 24th, 2018

American Airlines cuts international flights as fuel prices rise, WSJ reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallAug 22nd, 2018

Glencore reports record earnings, higher costs too

Glencore has reported a 23 percent rise in first-half earnings and a 12 pe.....»»

Category: videoSource: reutersAug 8th, 2018