Amadeus has reported its year-on-year financial results for its first quarter ending March 31, including an increase in adjusted net income of 58.1 percent to reach $163.5 million.
US Airways Group, Inc. announced April and year-to-date 2010 traffic results. Mainline revenue passenger miles (RPMs) for the month were 4.7 billion, down 5.0 percent versus April 2009. Mainline capacity was 5.7 billion available seat miles (ASMs), down 2.5 percent versus April 2009. Passenger load factor for the month of April was 82.7 percent, down 2.1 points versus April 2009.
Starwood Hotels & Resorts Worldwide, Inc. announced that its global powerhouse, Sheraton Hotels & Resorts, will continue to enhance its portfolio by removing eight additional hotels later this year that do not meet the brand’s new upgraded standards. This will be the final group of “brand detractors” Sheraton will remove as it completes its $6 billion revitalization effort.
Delta Air Lines reported system traffic in April 2010 decreased 2.2 percent compared to April 2009 on a 4.1 percent decrease in capacity. Load factor increased 1.6 points to 83.0 percent. Domestic traffic increased 0.3 percent year over year on a 1 percent decrease in capacity.
Southwest Airlines said that it flew 6.5 billion revenue passenger miles (RPMs) in April 2010, a 0.6 percent decrease from the RPMs flown in April 2009. Available seat miles (ASMs) decreased 2.9 percent to 8.2 billion from the April 2009 level of 8.5 billion.
Expedia, Inc., reported its first-quarter results, saying that it earned $59.4 million, or 20 cents per share, for the quarter. That’s up from $39.4 million, or 14 cents per share, in the same quarter last year, an increase of 50.8 percent.