IBA launches new repossession service
The International Bureau of Aviation (IBA), announces its new
IBA launches new repossession service Read More »
The International Bureau of Aviation (IBA), announces its new
IBA launches new repossession service Read More »
AerCap Holdings N.V. released the results of its operations for the first quarter ended March 31, 2009. First quarter 2009 net income was $30.0 million, compared with net income of $50.9 million for the same period in 2008. First quarter 2009 net income excluding the impact of the mark-to-market of interest rate caps and share-based
AerCap Holdings N.V. reports first quarter 2009 financial results Read More »
Operating lease revenue for the first quarter of 2009 was $53.4 million compared to $48.4 million in the same period of the previous year, an increase of $5.0 million, or 10%. The increase is principally due to the acquisition of aircraft. First quarter 2008 revenue included $3.2 million of end of lease revenue and $2.4
Babcock & Brown Air reports first quarter 2009 net income of $47 million Read More »
Aircastle Limited reported first quarter net income of $18.5 million and adjusted net income of $21.1 million. First quarter total revenues were $132.1 million, a decrease of $2.8 million from the first quarter 2008. Lease rental revenue was $126.0 million, down $5.0 million year over year due principally to $7.7 million of revenue downtime in
Aircastle reports first quarter 2009 net income of $18.5 million Read More »
Frontier Airlines Holdings, announced preliminary traffic results for April 2009 for both Frontier’s mainline operation and its wholly-owned subsidiary, Lynx Aviation. Traffic decreased 17.5% and capacity was down 16.1% from the same period last year. This resulted in a load factor of 80.1%, a decrease of 1.4 points over April 2008.
Frontier Airlines reports traffic down 17.5% in April Read More »
US Airways Group announced its intention to make concurrent offerings, subject to market and other conditions, of 15,200,000 shares of common stock and $75 million aggregate principal amount of its convertible senior notes due 2014. US Airways also intends to grant to the underwriters of the common stock and the notes an option to purchase
US Airways Group announces offering to sell 15,200,000 shares of common stock Read More »
Delta Air Lines reported traffic results for April 2009. System traffic in April, including both Delta and Northwest operations, decreased 7.7% compared to April 2008 on a 7.1% decrease in capacity. The load factor declined 0.5 points to 81.4%.
Delta Air Lines reports April traffic Read More »
Copa Holdings, S.A., parent company of Copa Airlines and Aero Republica, announced financial results for the first quarter of 2009. The following financial and operating information, unless otherwise indicated, is presented in accordance with U.S. GAAP. Unless otherwise stated, all comparisons with prior periods refer to the first quarter of 2008. Copa Holdings reported net
Copa Holdings reports net income of $71.6 million Read More »
In a move to unify their four divisions providing services to the aerospace industry, STS Holdings announced the company name will be changed to STS Aviation Group and all service divisions will carry the STS name. According to company President, Philip J. Anson, Jr.,
Aerospace Services Company announces new name Read More »