International Air Transport Association (IATA) chief Giovanni Bisignani has reiterated the Association's belief that international consolidation of airlines is essential for the industry to move forward.
Germany's Lufthansa says business developed strongly in recent months and all its subsidiary carriers - including Swiss, Austrian and British Midland - met or exceeded budget expectations.
Airport operator MAp Group - which owns 74 per cent of Sydney Airport - has reported a half year profit and says the near term outlook for growth in air traffic is strong.
Taiwan's China Airlines and two other companies have exited their investment in Chinese cargo airline Yangtze River Express Airlines, citing poor performance.
International Air Transport Association (IATA) chief Giovanni Bisignani has reiterated the Association's belief that international consolidation of airlines is essential for the industry to move forward.
Germany's Lufthansa says business developed strongly in recent months and all its subsidiary carriers - including Swiss, Austrian and British Midland - met or exceeded budget expectations.
Airport operator MAp Group - which owns 74 per cent of Sydney Airport - has reported a half year profit and says the near term outlook for growth in air traffic is strong.
Taiwan's China Airlines and two other companies have exited their investment in Chinese cargo airline Yangtze River Express Airlines, citing poor performance.