The Paris office of international law firm Stephenson Harwood, has advised new client, Air Côte d’Ivoire (ACI), on the delivery of two A319 aircraft. Air Côte d’Ivoire is a new African start-up airline based in Abidjan, Côte d’Ivoire. Formed on 15 May 2012, ACI is a joint venture between the government of Côte d’Ivoire (65%), […]
Air Côte d'Ivoire takes delivery of two A319 aircraft Read More »
For the third quarter 2012, Safran’s revenue was €3,134m compared to €2,728m in the same period a year ago, a 14.9% year-on-year increase. Group revenue increased by 6.2% organically. Third-quarter 2012 revenue increased by €406m on a reported basis, highlighting double-digit growth rates in all businesses: aerospace (original equipment and civil services), Defence (avionics) and
Safran reports 15% growth in third quarter 2012 Read More »
Alaska Air Group reported third quarter 2012 GAAP net income of $163.4m compared to $77.5m in 2011. Excluding the favorable impact of mark-to-market fuel hedge adjustments of $21.2m ($13.1m after tax) the company reported record third quarter 2012 net income of $150.3 million compared to net income excluding special items of $131.1m in 2011. Alaska
Alaska Air Group reports record third quarter results Read More »
JetBlue Airways reported its results for the third quarter 2012. Operating income for the quarter was $113m, resulting in an 8.6% operating margin, compared to operating income of $108m and a 9.0% operating margin in the third quarter of 2011. Pre-tax income of $73m in the third quarter compared to pre-tax income of $56m in
JetBlue reports third quarter net income of $45m Read More »
GE Capital Aviation Services (GECAS announced delivery of a leased Boeing 737-300F to Spain’s Swiftair S.A. to expand the carrier’s fleet. Swiftair operates cargo flights in Europe, North Africa and the Middle East with a fleet of more than 30 aircraft.
GE Capital Aviation Services delivers leased Boeing 737-300F to Swiftair S.A. Read More »
United Continental Holdings reported third-quarter 2012 net income of $520m, excluding $514m of net special charges. Including special charges, UAL reported third-quarter 2012 net income of $6m. UAL third-quarter consolidated passenger revenue decreased 2.6% year-over-year. Third-quarter consolidated passenger revenue per available seat mile (PRASM) decreased 1.3% compared to the same period in 2011. Consolidated unit
United announces third-quarter 2012 profit Read More »
Boeing forecasts that air carriers in North America will take delivery of 7,290 new airplanes over the next 20 years at a market value of $820bn. Taking retirements of airplanes into account, the North America fleet will grow from 6,650 airplanes today to about 8,830 airplanes by 2031. The network carriers are expected to maintain
Boeing projects $820bn market for 7,290 new airplanes in North America Read More »
AWAS delivered the third of five planned Boeing 737-800 passenger aircraft to SpiceJet, the dynamic and successfully growing Low Cost Carrier in India. This delivery also marks the third Boeing Sky Interior 737-800 to SpiceJet’s fleet.
AWAS delivers third of five planned 737-800s to SpiceJet Read More »
Expanding Swiss regional airline, SkyWork Airlines continues its upward trend reporting that in the first nine months of 2012 alone, it carried 158,000 passengers network-wide from its home base, the Swiss capital of Bern. SkyWork Airlines has succeeded in almost doubling the number of passengers it carried compared with the same period last year. By
SkyWork Airlines continues to grow Read More »
IBA welcomed three new staff members to their Consultancy team. Already providing valuations, appraisals, data services, commercial and technical consultancy, the new influx of talent into this important and busy department will further increase the resources and expertise available to IBA’s diverse client base. The three new analysts, Carmen Wong, Huda Syed and Kim Seward
IBA’s Consultancy team continues expansion Read More »
