Lufthansa Group achieved an adjusted EBIT of €2.4 billion for the first nine months of 2018 – a 7.7% decline on the prior-year period which the company says, is primarily attributable to the integration costs at Eurowings. Adjusted EBIT margin for the period amounted to 8.8%. Nine-month results were also burdened by a €536 million
In the third quarter of 2018 (3Q18), Embraer has delivered 15 commercial and 24 executive (17 light and 7 large) jets, compared to the 25 commercial and 20 executive (13 light and 7 large) jets in 3Q17; The Company’s firm order backlog was US$ 13.6 billion at the end of 3Q18, including contracts of the
WestJet has released its third quarter results for 2018, with net earnings of CA$45.9 million, down 66.3%. This result compares with net earnings of CA$135.9 million, reported in the third quarter of 2017. Total revenue increased 3.8% compared to the previous year. Year-to-date, WestJet recorded net earnings of CA$62.3 million.
International Consolidated Airlines Group (IAG) has presented Group consolidated results for the nine months to September 30, 2018. The company reported third quarter operating profit of €1,460 million before exceptional items (2017 restated: €1,450 million). Net foreign exchange operating profit impact for the quarter adverse €111 million. Passenger unit revenue for the quarter was up
Norwegian (NAS) has reported a result (EBT) of 1.6 billion NOK (£149 million) for the third quarter 2018. The company continued to reduce its unit costs despite a capacity growth of 33%. Going forward, the growth will abate, consequently further reducing unit cost. The net profit for the third quarter was 1.3 billion NOK (£121
In the first nine months of 2018, MTU Aero Engines generated revenues of 3,318.7 million, up 14% on the previous year (1-9/2017: €2,900.8 million). The group’s operating profit increased by 16% from €439.9 million to €508.9 million. The EBIT margin stood at 15.3% (1-9/2017: 15.2%). Earnings after tax rose by 16% to €362.8 million (1-9/2017:
The Boeing Company has reported third-quarter revenue of U$25.1 billion driven by higher defense volume and services growth. GAAP earnings per share increased to US$4.07 and core earnings per share (non-GAAP) increased to US$3.58 primarily driven by strong operating performance at Commercial Airplanes and a tax benefit related to a tax settlement. Results also reflect
American Airlines Group has reported its third-quarter results, showing third-quarter 2018 pretax profit of US$456 million compared to US$1,063 million the previous year. Pretax earnings excluding net special items for the third quarter of 2018 were US$688 million, a US$485 million decrease from the third quarter of 2017, driven by higher fuel prices. In addition,
Safran has reported that third-quarter 2018 adjusted revenue was €5,348 million, an increase of 45.4% on a reported basis, including a contribution of €1,200 million from Zodiac Aerospace. On an organic basis, adjusted revenue grew 11.4%. First nine-month 2018 adjusted revenue was €14,854 million, up 30.9% on a reported basis year-on-year, including a seven-month contribution
JetBlue reported third quarter 2018 revenue per available seat mile (RASM) increased 1.7%, year over year, including 0.4 points of negative impact from severe weather during September. Operating expenses per available seat mile, excluding fuel (CASM ex-fuel) growth of 3.2%, at the lower end of the updated guidance range of 3.0% to 5.0%. CASM ex-fuel
