It seems that the dark cloud of an uncertain European economy hangs heavily over the Spanish skyline as news broke that the anticipated Aena IPO has been postponed, seemingly indefinitely. Aside from an uncertain economy, a lack of interest from the market for new listings set the seal on the likely failure of this IPA. […]
Spain forced to postpone Aena IPO Read More »
Rockwell Collins reported total sales for the fourth quarter of fiscal year 2014 of $1.4bn, a 15% increase from the same period in fiscal year 2013. Total segment operating margin for the fourth quarter was 21.3% and total segment operating earnings increased 10% to $299m. Adjusted for certain non-operating items impacting comparability, earnings per share
Rockwell Collins fourth quarter fiscal year 2014 sales increase 15% Read More »
Boeing and Monarch Airlines finalized an order for 30 737 MAX 8s worth more than $3.2bn at current list prices. The order, originally announced at the Farnborough International Airshow in July when Monarch selected Boeing as its preferred bidder for fleet replacement, includes options for 15 additional 737 MAX 8s and marks the beginning of
Boeing, Monarch Airlines finalize order for 30 737 MAX 8s Read More »
SAS AB has sold its facility at the technical base at Oslo airport for MNOK 650 to Oslo Pensjonsforsikring, after having utilized an option to buy the facilities from APAB that has been the previous owner. The transaction does not generate a capital gain or liquidity for SAS, but it will reduce the yearly operating
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Triumph Group reported net sales for second quarter fiscal year 2015 increased 3% to a record $994.1m, operating income for second quarter fiscal year 2015 was $114.7m and included $7.8m of costs related to the Jefferson Street/Red Oak facility transition. Excluding these costs, operating income was $122.5m, reflecting an operating margin of 12%. Net income
Triumph Group reports second quarter fiscal 2015 net income of $67.4m Read More »
GKN Aerospace joins tier one industry partners Airbus, AgustaWestland, GE, Rolls-Royce, Cytec and Vestas to celebrate the official opening of the second phase of the UK’s highly successful National Composites Centre (NCC). Established just three years ago, the NCC is already at the heart of the UK’s fast-growing expertise in the design and rapid manufacture
GKN Aerospace celebrates growth of UK’s National Composites Centre Read More »
SriLankan Airlines, the national carrier of Sri Lanka, has taken delivery of its first A330-300 becoming a new operator for the type. The wide-body aircraft arrived at Colombo International Airport, having flown from Toulouse, France, and joins the airlines’ existing fleet of A320, A321, A330-200 and A340-300 aircraft. SriLankan will take delivery of a further
SriLankan Airlines receives first of six new A330-300 on order Read More »
Finnair third-quarter operational result declined to €26.7m – product upgrades announced and savings agreements negotiated during the period will have an effect on the result from 2015 onwards. Turnover declined by 2.2% year-on-year to €622.7m (636.9). The operational result was €26.7m (43.0). Net cash flow from operating activities stood at €-8.9m (38.7), and cash flow from investments
Finnair reports 3rd-quarter results Read More »
