Operating income rose 9% to US$151.8m, spurred on by a 38% increase in transborder traffic. There was a $42.8m one-time gain in the 1995 period.

Operating profit rose 30% to $214.7m despite lower yields and higher fuel costs. In the 1995 half Air France made $59.8m before severance costs.

All Nippon's RPKs rose 15.5% internationally and 6.5% on domestic routes. ANA predicts a full-year net profit of $31m.

The cargo contract carrier boosted block hours by 70% to 15,444. There was a $2.6m charge for integration of newly acquired B747F aircraft.

Passenger numbers grew 12.9% to 1.47m but yields fell 7.2% to 14 cents per RPK due to longer average flight distances and fare discounts.

BA's operating profit fell 2.1% in sterling terms to ú512m ($795.6m) due to a ú51m rise in fuel costs and the ú15m impact of a threatened pilots' strike.

As Canadian's net profit fell 13% in C$, the carrier warned that its C$110.8m cash holding might not be enough for it to survive the winter.

EVA Air suffered from declining domestic yields, paid out US$53.6m in interest costs, and lost $9.5m due to foreign exchange fluctuations.

International scheduled traffic was stagnant but operating costs jumped 8.8%, due to fuel, personnel, ground handling and passenger service costs.

Kenya Airways' profits fell slightly in its first half-year since privatisation. The company expects full-year pretax profits to be below last year's $37.3m.

KLM's unit costs rose 7% with fuel costs DFl 59m ($35m) higher. The carrier made a book profit of $68.5m on the sale of Northwest preferred stock.

Fuel costs leapt 18% and higher pension expenses helped to push up labour costs by 8.5%. Proceeds from asset sales fell DM48m to DM136m ($91m).

MAS' group pretax profit rose marginally but the airline lost out due to higher fuel costs and May's outbreak of cholera in Penang.

SAS' profit slumped due to the 8% capacity increase and service and punctuality improvements. Stronger currencies depressed revenues but helped with costs.

Varig's loss widened as the weaker Brazilian real depressed revenues and increased costs.

A new airport charging structure cut revenues by $16.9m, but BAA will recover this in the second half. There was a $14.3m gain from property sales in the first half of 1994/5.

Sydney airport's operating profit leapt 32.5% to US$69m, and Perth's by 34% to $18m, but depreciation ate into profits at Melbourne and Brisbane.

* Before tax and extraordinmary items.

Source: Airline Business