WestJet has released its fourth quarter and year-end results for 2017, with full-year net earnings of CA$283.6m. compared with net earnings of CA$295.5m reported in the full-year 2016. The airline reported fourth quarter net earnings of CA$48.5m, compared to CA$55.2m reported in the fourth quarter of 2016. Based on the trailing twelve months, the airline
Spirit’s fourth quarter 2017 revenue was US$1.7bn, up 9% from the same period of 2016, primarily driven by higher recurring and non-recurring activity on the Boeing 737 program, higher production deliveries on the 787 program and increased defence-related activity, partially offset by lower production deliveries on the Boeing 777 program. Revenue for the full year
Air Astana posted a profit of US$39.1m in 2017, returning to profitability after its first ever loss in 2016. The airline recorded passenger growth of 12% and revenue growth of 22% in 2017, after negative growth in both 2015 and 2016 following the devaluation of the Kazakh Tenge in mid-2015. The airline carried 4.2 million
Boeing has reported fourth-quarter revenue of US$25.4bn with GAAP earnings per share of US$5.18 and core earnings per share (non-GAAP) of US$4.80 reflecting record deliveries and strong performance, as well as favorable tax reform of US$1.74 per share. Revenue was US$93.4bn for the full year reflecting deliveries mix with GAAP earnings per share of US$13.43
Boeing has reported its investment in Berkeley, Calif.-based Cuberg, a startup founded by former Stanford University researchers developing next-generation battery technology for potential aerospace and industrial applications. Cuberg developed an advanced battery cell that is designed to be a drop-in solution to existing large-scale battery manufacturing processes. It combines a lithium metal anode, proprietary electrolyte
Rockwell Collins has reported sales for the first quarter of fiscal year 2018 of US$2.011bn, a 69% increase from the same period in fiscal year 2017, or 9% organic growth excluding US$716m of revenue from the acquisition of B/E Aerospace. First quarter fiscal year 2018 earnings per share was US$1.69 compared to US$1.10 in the
STS Component Solutions grows its aviation aftermarket portfolio by strategically acquiring UJet Group, an aircraft interior modification and refurbishment company based out of Shannon, Ireland. Through this acquisition, STS Component Solutions will now offer its growing customer base robust aircraft interior refurbishment and parts services under the newly formed brand, STS UJet. STS UJet will
American Airlines has reported a full year 2017 pre-tax profit of US$3.1bn or US$3.8bn excluding net special items, and a full year net profit of US$1.9bn, or US$2.4bn excluding net special items. American reported fourth-quarter 2017 pre-tax profit of US$425m, or US$739m excluding net special items, and a fourth-quarter net profit of US$258m, or US$455m
Alaska Air Group has reported net income for the fourth quarter under GAAP of US$367m and for the full-year US$1.0bn These results compare to fourth quarter 2016 net income of US$114m and full-year 2016 net income ofUS$814m. As the acquisition of Virgin America (Virgin America) closed on Dec. 14, 2016, 2017 information reflects the results
UAL reported that fourth quarter 2017 revenue was US$9.4bn, an increase of 4.3% year-over-year. Fourth-quarter 2017 consolidated passenger revenue per available seat mile (PRASM) was up 0.2% compared to the fourth quarter of 2016. Cargo revenue was US$304m in the fourth quarter of 2017, an increase of 21.6% year-over-year primarily due to higher international freight
