27 February 2008

Air Transat obtains IOSA registration

Air Transat a subsidiary of Transat A.T., was confirmed by the International Air Transport Association (IATA) as an IOSA-registered operator at a ceremony held in Madrid. IOSA (IATA Operational Safety Audit) registration caps 18 months of intense preparation work and process enhancement by the airline, followed by a comprehensive audit performed by IATA-accredited Simat, Helliesen …

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Atlas Air Worldwide reports net income of $132.4 million for full year 2007

For the full year ended December 31, 2007, AAWW posted net income of $132.4 million more than double 2006 levels, on revenues of $1.563 billion. Operating income of $154.8 million and pretax income of $132.7 million included a nonrecurring gain of $3.5 million on the disposal of aircraft and engines. For the quarter ended December …

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AerCap Holdings reports fourth quarter and full year 2007 financial results

Fourth quarter 2007 net income was $45.1 million, compared with a net loss of $8.0 million for the same period in 2006. Fourth quarter 2007 net income excluding non-cash charges relating to the mark-to-market of interest rate caps and share-based compen-sation was $57.0 million, an increase of 11% vs. fourth quarter 2006 of $51.2 million …

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