22 January 2013

Copa Holdings closes sale-leaseback transaction for four new 737-800 aircraft

Aircraft & Engines, Top Stories / Leave a Comment

Copa Holdings has closed sale-leaseback transactions for four new Boeing B737-800 aircraft with MC Aviation Partners (MCAP), the aircraft leasing and trading arm of Mitsubishi Corporation. The deliveries, which are part of Copa Airlines’ current order with Boeing, are scheduled for March, April, August and October of 2013. The agreement provides for 90 month lease […]

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Delta Air Lines posts December quarter profit

Financial / Leave a Comment

Delta Air Lines reported financial results for the December 2012 quarter. Delta’s net income for the December 2012 quarter was $238m, excluding special items. Results include the $100m negative impact of Superstorm Sandy on airline and refinery operations. Delta’s net income for 2012 was $1.6bn, excluding special items, a $362m increase over 2011. Delta’s GAAP

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Triumph Group to acquire Goodrich Pump & Engine Control Systems

Financial, Top Stories / 1 Comment

Triumph Group signed a definitive agreement to acquire the pump and engine control systems business of Goodrich Corporation (Goodrich Pump & Engine Control Systems or GPECS) from United Technologies Corporation. The acquisition is subject to regulatory approvals and other customary closing conditions and is expected to close in the current fiscal quarter. The acquired business,

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