Financial

StandardAero Aviation and Airbus have finalized the acquisition by StandardAero of Vector Aerospace from Airbus. Vector is a global aerospace maintenance, repair and overhaul company, providing responsive, quality support for turbine engines, components, fixed- and rotary-wing aircraft. A truly international company, it generated revenues of over US$700m in 2016 and employs approximately 2,200 people in

AirFrance-KLM have reported third quarter 2017 operating result of €1,022m, an improvement by €285m compared to last year. The main items contributing are the positive trend in Group’s unit revenues resulting in an increase of €266m, whereas the decrease in fuel price including hedge results contributed €61m. Adjusted for the interest portion of operating leases,

Bombardier, the Canadian plane and train manufacturer has released third-quarter 2017 financial results, revealing revenues of US$3.8 billion, EBIT before special items of US$165 million and an 8.8 percent EBIT margin for its Business Aircraft sector. Commercial Aircraft EBIT before special terms was as anticipated, in relation the C Series ramp-up plan, at US$495 million.

WestJet has posted its third quarter results for 2017, with record net earnings of CA$138.4m, as compared with the net earnings of CA$116.0m reported in the third quarter of 2016, up 19.4% and 21.6% respectively. WestJet achieved its 50th consecutive quarter of profitability and flew an all-time quarterly record of 6.5 million guests. Based on

In summary, the results for Airbus’ nine-month results for 2017 reveal revenue of €43bn, EBIT adjusted at €1.8bn, EBIT reported €2.3bn and EPS reported at €2.39bn. According to the company, the commercial aircraft market is healthy with a robust backlog which is supporting ramp-up plans. However, engine delays have had an impact on the 9m

Ryanair has reported an 11% increase in profit to €1.29bn in the first half to September 30, 2017. Traffic grew 11% to 72m thanks to a strong Easter, traffic grew 11% with 5% lower airfares. Unit costs (including fuel savings) fell 5%, ex-fuel unit costs were flat. Operating activity in the first half generated over

AeroCentury (the Company or AeroCentury) , an independent aircraft leasing company, has signed a definitive Agreement and Plan of Merger (Merger Agreement) for the acquisition of JetFleet Holding (JHC) on October 26, 2017. JHC is the parent of JetFleet Management Corp. (JMC), which has managed the Company’s operations and aircraft portfolio since AeroCentury’s founding in

Aergo Capital Limited headquartered in Dublin, Ireland has announced the issuance of US$584.839m of secured notes (the Notes) by METAL 2017-1 Limited (METAL Cayman) and METAL 2017-1 USA LLC (METAL USA). Together METAL Cayman and METAL USA expect to use the proceeds from the sale of the Notes to acquire a portfolio of 26 aircraft

Safran reported third-quarter 2017 adjusted revenue was €3,815m, up 8.5% on a reported basis year-on-year. Adjusted revenue increased 11.3% on an organic basis. Adjusted revenue in the first nine months of 2017 was €11,853m, an increase of 3.0% on a reported basis, up 5.1% on an organic basis, compared to 2016. In the third-quarter 2017,