In the first quarter 2008 Lufthansa Group generated revenue of EUR 5.6 billion (previous year: EUR 4.7billion) and increased its operating result by EUR 152 million to EUR 188 million. It reflects the positive development of earnings performance in all business segments and includes a contribution to operating result of EUR 52 million from SWISS, …
Lufthansa increases operating result for first quarter 2008 Read More »
Finnair will begin codeshare cooperation with the Icelandic airline Icelandair from the beginning of May. The agreement covers the Helsinki-Reykjavik route operated by Icelandair, which will be flown four times per week from June. In May there will be two flights per week from Helsinki to Reykjavik.
MTU Aero Engines Holding AG improved its EBITDA by 9% in the first three months of 2008, from
On its fifth anniversary of operations in Canada, Turbomeca Canada is inaugurating a 16,000 square feet extension to satisfy increasing demand from operators of Turbomeca turboshaft engines, especially in Canada and North America. The Mirabel site has enjoyed constant growth over its first five years. Since inaugurating the facilities with a team of 18 staff …
Goodrich announced results for the first quarter, and increased its outlook for full year 2008 sales and earnings per diluted share. Goodrich reported first quarter 2008 net income of $158 million, on sales of $1,745 million, and income from continuing operations of $154 million. In the first quarter 2007, the company reported net income of …
Goodrich announces 13% increase in sales and 59% increase in net income Read More »
The Board of directors of EADS has appointed Pierre de Bausset as Corporate Secretary of EADS as of 1 April 2008. In his new function, Pierre de Bausset reports to the CEO of EADS, Louis Gallois. Nathalie Errard took over his former duty as Head of Investor Relations and Financial Communications of EADS, reporting to …
New Corporate Secretary and Head of Investor Relations at EADS Read More »
AirCap signed new lease agreements for 23 aircraft, delivered seven aircraft and ten engines under lease agreements, purchased 19 aircraft, sold eight aircraft, and disassembled three older aircraft. In addition to transactions closed in the first quarter 2008, AerCap closed two financing transactions during April 2008 which increased available funding by $338 million. These debt …
Alaska Air Group reported a first quarter net loss of $35.9 million compared to a net loss of $10.3 million in the first quarter of 2007. Both periods include adjustments resulting from mark-to-market fuel hedge accounting. Excluding the impact of these adjustments, the company would have reported a net loss of $36.3 million compared to …
US Airways Group reported a net loss for its first quarter 2008 of $236 million compared to a net profit of $66 million for the same period last year. Excluding net special items of $3 million, the Company reported a net loss of $239 million for its first quarter 2008. This compares to a net …
US Airways reports first quarter net loss of $236 million Read More »
Rockwell Collins reported net income of $168 million for the second quarter of fiscal year 2008 ended March 31, 2008, an increase of $28 million, or 20% over fiscal year 2007 second quarter net income of $140 million. Second quarter fiscal year 2008 sales increased $103 million, or 10%, to $1.186 billion compared to year …
