20 January 2015

Delta’s pre-tax income for the December 2014 quarter was US$1.0bn, excluding special items, an increase of US$474m over the December 2013 quarter on a similar basis. Delta’s net income for the December 2014 quarter was US$649m and its operating margin was 12.6%, excluding special items. For the full year 2014, Delta’s pre-tax income, excluding special […]

Fort Worth-based Novaria Group announced the acquisition of substantially all the assets of John Hassall, a provider of aircraft engine fasteners, bolts, blade locks and other flight critical hardware, located in Long Island, N.Y. The company also manufactures a diverse set of products for use in select automotive and industrial applications. The company holds a

HEICO Corporation reported that its Flight Support Group completed the acquisition of 80% of the equity of Aeroworks International. Financial terms were not disclosed, but HEICO stated that it expects the acquisition to be accretive to its earnings within the first year after the closing. Aeroworks is a manufacturer of both composite and metal parts