23 October 2013

Elite Aviation, the premier global private jet company, has closed a $50m growth capital commitment to be used strategically across multiple fronts to substantially expand the company’s global footprint. In addition to a very significant fleet expansion, Elite Aviation will go “on the hunt” for geographically strategic acquisitions as well as companies complementary to its

Boeing reported third-quarter core earnings per share (non-GAAP) increased 16% to $1.80, driven by strong performance across the company’s businesses. Third-quarter core operating earnings (non-GAAP) increased 20% to $2.1bn from the same period of the prior year. Third-quarter revenue was $22.1bn, GAAP earnings from operations was $1.8bn and earnings per share was $1.51. Core earnings

B/E Aerospace reported third quarter 2013 revenues of $888.1m, an increase of $121.4m, or 15.8%, as compared with the prior year period. Third quarter 2013 operating earnings were $160.1m, an increase of 19.2%, and operating margin of 18.0% increased 50 basis points as compared to the prior year period. Acquisition, integration and transaction (AIT) costs

US Airways Group reported its third quarter 2013 financial results. For the third quarter 2013, pretax profit excluding net special items was a record $367m, a $174m, or 90%, year-over-year improvement. On a GAAP basis, the Company reported a third quarter pretax profit of $336m, up from $246m in 2012. The GAAP net profit for

In the first nine months of 2013, MTU Aero Engines recorded a 13% rise in revenues to €2,778.1m (1-9/2012: € 2,468.0m). The company generated an operating profit of €270.5m (1-9/2012: €278.0m) with an operating margin of 9.7% (1-9/2012: 11.3%). Net income amounted to €166.3m after €173.1m in the equivalent period last year. “With the results