In the second quarter of 2013 Embraer delivered 22 commercial and 29 executive (23 light and 6 large) jets; the Company’s firm order backlog grew to US$17.1bn, reaching its highest level since the third quarter of 2009, mainly as a result of significant orders in the Commercial aviation segment. As a result of aircraft deliveries, […]
Embraer releases second quarter 2013 results Read More »
Safran delivered strong progress in performance in first-half 2013. For first-half 2013, Safran’s revenue was €7,066m, compared to €6,413m in the same period a year ago, a 10.2% year-on-year increase (9.7% organic growth). First-half 2013 revenue increased by €653m on a reported basis, notably highlighting a good performance in aerospace (both organic and from acquisitions).
Safran reports strong progress for first-half 2013 results Read More »
Republic Airways reported diluted earnings per share of $0.46, which is a 15.0% increase from the $0.40 per diluted share result in the second quarter of 2012. Net income increased 23.0% to $24.6m for the qu arter ended June 30, 2013, compared to net income of $20.0m for the same period last year. Operating revenues
Republic Airways'second quarter 2013 net income up 23% Read More »
Spirit AeroSystems released that approximately 360 salaried support and management employees at its Kansas and Oklahoma facilities are receiving layoff notices. The company is offering affected employees severance benefits and career transition services. This action is a strategic move to make the company more competitive in a cost-sensitive environment, and results from an ongoing workforce
Spirit AeroSystems announces workforce reductions in Kansas and Oklahoma Read More »
Southwest Airlines reported second quarter 2013 net income was $224m, which included $50m (net) of unfavorable special items. This compared to net income of $228m in second quarter 2012, which included $45m (net) of unfavorable special items. Excluding special items, second quarter 2013 net income was a record $274m compared to $273m in second quarter
Southwest Airlines reports second quarter net income of $224m Read More »
For the second quarter, total revenue was $10.0bn, an increase of 0.6% compared to the same period in 2012. Second-quarter consolidated passenger revenue decreased 1.1% year-over-year to $8.7bn, on a consolidated capacity decrease of 2.1% year-over-year. Cargo and other revenue in the second quarter increased 13.8% versus the second quarter of 2012, or $162m, to
United announces second-quarter 2013 profit Read More »
GA Innovation China, the newly formed joint venture between GA Telesis and Air China, celebrated together with Beijing Capital International Airport Co. and Aircraft Maintenance and Engineering Corporation (“AMECO”) the start of their first commercial aircraft teardown project involving a Boeing 747-400 aircraft acquired from Air China. All three parties held a ceremony alongside the
GA Innovation China performs first aircraft disassembly in Beijing, China Read More »
