Tag: recovery

Air New Zealand has reported a four-fold increase in profits for 2009, prompting speculation the global aviation industry may be emerging from the recession.

After taxation, the airline made a profit of NZ$82 million for the year ending June 30th, up from NZ$21 a year earlier.

Fuel hedging losses at the airline also dropped to NZ$8 million from $130 million.

Excerpt:
Safe and easy to use non destructive iPod data recovery utility is fully capable to retrieve lost data including music folder, picture folder, videos folders from apple iPod in few quick easy defined steps.

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Car rental giant Hertz Global Holdings has seen losses narrow significantly over the fourth quarter of financial year, following a recovery in the key US car rental market and a cost cutting drive.

While the New Jersey based organisation reported a net loss of $30.9 million (£19 million) for the quarter, this compares to a $1.21 billion (£0.8 billion) loss for the same period a year ago.

WASHINGTON (Reuters) - U.S. consumers stepped up their spending in November and grew more optimistic this month, unexpectedly strong data showed on Friday, raising hopes a self-sustaining economic recovery was starting to unfold.

A slew of data this week has suggested the recovery is gaining momentum, pulling further away from the devastating recession that pushed unemployment to quarter-century highs and raising hopes the economy can return to normal growth without massive government support.