Jaro International
Article Abstract:
Jaro International is a Romanian airline setup in 1990 by Mirica Dimitrescu, who acquired two second-hand aircraft. The company has since acquired additional aircraft. The company was set up as a JV, and the five Romanian owners, including Dimitrescu, have increased their stake to 52%. The airline carried 6,500 tons of cargo during its first four years, in addition to 160,000 passengers. The company is awaiting greater liberalization in Europe in order to be able to compete against larger airlines.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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Ready for take off
Article Abstract:
Air London International is an air charter broker which has reported a profit for four consecutive years. The company has signed a three-year contract with the United Kingdom defense ministry, and aims to diversify away from the UK. The German and French subsidiaries have reported rises in sales, and US sales have also risen. The company's pre-tax profit is forecast at 2.6 million pounds sterling for 1997-1998 by Beeson Gregory, an upgrade of a previous forecast by 13%.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
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Tough action needed at BA
Article Abstract:
British Airways (BA) reported a rise in profit of 29% to 585 million pounds sterling for 1995 to 1996, but faces challenges in cutting costs. The company aims to reduce costs by an annual 1 billion pounds sterling by 2000. BA is also subject of rumors of an alliance with American Airlines. BA would be likely to have to cede some landing sites in London's Heathrow airport, England, if an alliance is set up, and this would hit the company's profits.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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