As even former Obama economic guru and Treasury Secretary Lawrence Summer has observed, sovereign wealth funds (SWF) serve the interests of the sovereign first, and profit second.
The airline said that the gains were due to an increase in business and leisure travel, and the profit was its highest second quarter profit in history.
SAS, the Scandinavian airline, recently reported a modest profit during the second quarter this year and forecast a profit for the whole of 2002.
The decline in profit in the second quarter followed three straight quarters of year-over-year profit growth.
The fall in profit in the second quarter broke a three-quarter streak of year-over-year profit growth.
The increase in profit in the second quarter broke a streak of two consecutive quarters of year-over-year profit decreases.
The decrease in profit in the second quarter broke a streak of three consecutive quarters of year-over-year profit increases.
The profit decrease in the second quarter came after two straight quarters of rising profit.
The profit dip in the second quarter came after three consecutive quarters of rising profit.
In previous years, profit generally ranked second to creative work, and ahead of people.
The jump in profit was the second piece of good news for the company this week.
FORBES: Billionaire Couple's Soho China Shares Rise On Profits, Completed Hadid Project
The rise in profit in the second quarter came after a three-quarter streak of falling net income.
The rise in profit in the second quarter came after two consecutive quarters of decreasing net income.
The division posted y-o-y growth of 27% in revenue and 58% in operating profit in the second quarter of 2012.
FORBES: GE's Earnings Will Lean On Industrials As Europe Limps Along
Profit in the second quarter was 82 cents per share, up from a year-earlier loss of 13 cents per share.
The result compares to a year-ago profit of 56 cents per share and a 19 cent per share profit in the second quarter.
FORBES: Bank of America Has Great Capital, Earnings Not So Much
Meanwhile, the investment bank continued to fare better than its rivals, reporting that net profit for the second quarter had fallen by just 11% compared with a year earlier.
Shares in auto part retailer Autozone were up 2% Tuesday after the company reported a 20% increase in net profit for its second quarter and same-store sales that increased by 7% from the year-ago period.
Then on Wednesday, ASML Holding, a key European supplier to computer chip makers, said it swung to a profit in the second quarter after a loss in the year-ago period thanks to a sharp rebound in demand.
Profit rose in the second quarter, breaking a streak of two straight quarters of falling profit.
The profit drop in the second quarter followed two consecutive quarters of increasing net income.
This is after it reported a profit decline in the second quarter by 27.8%.
This is after it reported a profit decline in the second quarter by 3.2%.
This is after it reported a profit decline in the second quarter by 41.4%.
This is after it reported a profit decline in the second quarter by 23.2%.
Card service is the second largest profit driver for JPMorgan and constitutes about 18% of its stock value.
Gross profit margins for the second quarter came in at 18%, below the 23.29% anticipated by The Street.
General Electric topped Wall Street sales and profit forecasts for the second quarter.
FORBES: Planes, Trains, Pipes And Loans: GE's Diversified Portfolio Delivers
应用推荐