23 April 2014

Avcorp Industries has received a Strategic Aerospace and Defence Initiative (SADI) Contribution Agreement from the Government of Canada for up to $4.4m to support development of advanced metal bond manufacturing processes and capabilities. In particular, this SADI supported project will assist Avcorp to undertake specific capability development for large, complex metal bonded structural components, for

Delta’s pre-tax income for the March 2014 quarter was $444m, excluding special items, an increase of $363m over the March 2013 quarter on a similar basis. Delta’s net income for the March 2014 quarter was $281m, excluding special items. This is $196m higher year over year despite $163m of non-cash tax expense now recognized after

Boeing Commercial Airplanes first-quarter revenue increased to $12.7bn on higher 787 and 737 deliveries. First-quarter operating margin improved to 11.8% reflecting the delivery volume and mix and lower period costs partially offset by higher R&D. During the quarter, the 787 program reached a 10 per month production rate and completed preliminary design review on the

B/E Aerospace’s first quarter 2014 revenues of $1.01bn increased 20.1% as compared with the prior year period. First quarter 2014 operating earnings, excluding $2.2m of costs related to first quarter acquisitions, were $185.2m, an increase of 20.6%. Operating margin, adjusted to exclude acquisition costs, was 18.3% and increased 10 basis points as compared to the