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Cathay on course for yield drop despite traffic growth

2015-01-16 11:19:07| Airlines - Topix.net

Cathay Pacific Airways released traffic data for December yesterday that analysts say puts it on course to post a full-year decline, in a key indicator of the airline industry's profitability. Combined traffic figures for Cathay Pacific and its sister airline Dragonair showed an improvement in total passenger and cargo load factors for the year, as did measures of revenue per kilometre flown.

Tags: growth drop traffic yield

 

Russia car sales forecast to drop 24% as economic crisis worsens

2015-01-15 14:00:24| Auto Dealers - Topix.net

Russian car sales are likely to drop by 24 percent this year after falling 10 percent in 2014 as the country heads for recession, an automakers lobby group forecast. New car and light commercial vehicle sales are set to decline to 1.89 million vehicles from 2.49 million last year, Joerg Schreiber, the chairman of the Association of European Businesses automobile manufacturers committee, said today at a news conference in Moscow.

Tags: sales car economic drop

 
 

Oil & Gas Industry Already Feeling Effects Of Oil Price Drop

2015-01-13 22:15:00| Oil & Gas - Topix.net

The Louisiana Oil & Gas Association is holding its annual State of the Industry speaking tour this week, featuring Vice-President Gifford Briggs. The tour kicks off Wednesday in Lafayette.

Tags: price industry effects gas

 

Matalan eyes FY growth despite Christmas sales drop

2015-01-12 13:53:00| Daily apparel & textile news and comment - from just-style.com

Value fashion and homewares retailer Matalan has said it expects to record full-year profit growth, despite posting a drop in Christmas sales.

Tags: sales eyes growth christmas

 

Drop your top: Convertibles poised to make a comeback

2015-01-11 21:53:41| Automakers - Topix.net

This undated product image provided courtesy General Motors shows the Buick Cascada convertible, which will be unveiled Sunday, Jan. 11, 2015 in Detroit. Automakers are rolling out new convertible models at a time when many consumers are gaining confidence in the economy and have more money to spend on less-practical big-ticket items thanks to juicy stock market returns.

Tags: top make drop comeback

 

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