Star Cruises, which owns 50 percent of NCL Corp., reported that net revenue increased by 5.2 percent, but net revenue yield decreased by 18.6 percent in the first six months of 2008. Overall, the company said it reduced its losses in the first half of the year to $1.3 million, compared to a $2.6 million loss in the first half of 2007.
Brazilian airline GOL announced that the company has revised its fleet plan to continue its fleet renewal and modernization strategy in accordance with its disciplined growth plan.
Copa Airlines, subsidiary of Copa Holdings SA, today announced the addition of five new destinations on the American continent and the acquisition of aircraft as part of its expansion plans for 2008. In addition, the airline emphasized its support of increasing the Hub of the Americas’ capacity by adding a new terminal to the Tocumen International Airport.
Priceline.com’s second-quarter profit grew 56 percent, while competitor Orbitz Worldwide continued to be stuck in the red. Priceline earned $54.1 million in the quarter, up from $34.6 million a year ago.
Red Lion Hotels Corp.’s profits fell 8.3 percent in the second quarter on a slight increase in revenue. Net income was $2.3 million, down from $2.5 million in the same quarter last year. Revenue was up 1.7 percent, to $49.8 million.
Air France-KLM reported that its July traffic rose by 1.8 percent with capacity up 3.9 percent. The load factor stood at 84.4 percent, down 1.8 points. Air France-KLM recorded good progress in yield and unit revenue excluding currency impact, driven by business traffic.