Financial

Spirit AeroSystems reported fourth quarter and full-year 2015 financial results driven by strong operating performance of mature programs. Spirit’s fourth quarter 2015 revenues were US$1.61bn, up 2% from revenues of US$1.57bn for the same period of 2014, primarily due to higher revenues on the A350 XWB program driven by higher production deliveries. Operating income for

WestJet released fourth quarter and year-end results for 2015, with full-year net earnings of CA$367.5m. This compares with the adjusted net earnings of CA$317.2m reported in the full-year 2014, up 16% and 19%, respectively. For the fourth quarter, the airline reported diluted earnings per share of CA$0.51, down 27% from CA$0.70 reported last year. These

Ryanair posted 3rd quarter profits of €103m, a 110% increase on prior year. Traffic grew 20% to 25m as average fares fell 1% to €40 (load factors rose 5% points to 93%) while unit costs fell by 5% (ex-fuel down 1%). “We are pleased to report that our low fares policy delivered strong 3rd quarter

Singapore Technologies Aerospace has completed its investment of the additional 20% equity interest in Elbe Flugzeugwerke GmbH (EFW). The investment was completed following the receipt of regulatory approvals and fulfilment of customary conditions precedent. Following this completion, EFW becomes a subsidiary of ST Aerospace, with the latter owning 55% of the shareholding and Airbus Defence

JetBlue Airways reported its results for the fourth quarter and full year 2015, with operating income of US$330m in the fourth quarter. This compares to operating income of US$169m in the fourth quarter of 2014. For the full year 2015, JetBlue reported operating income of US$1.2bn. This compares to operating income of US$515m in 2014.

Air Partner, the global aviation services group, is today releasing a Trading Statement ahead of entering a close period on 31 January 2016. Trading momentum in the second half of its financial year ended 31 January 2016 remained good, with a stronger than expected end to the period. As such, the company expects underlying pre-tax

Hawaiian Holdings, parent company of Hawaiian Airline, reported its financial results for the fourth quarter and full year 2015. GAAP net income in the fourth quarter grew to U$37.9m, a year-over-year increase of US$26.8m. For the full year, GAAP net income grew to US$182.6m, a year-over-year increase of $113.7m. Adjusted net income in the fourth

Accenture (ACN) has completed the US$830m sale of Navitaire to Amadeus. As part of the acquisition, approximately 550 Navitaire employees, including the company’s senior management team, will transfer to Amadeus with immediate effect.

Rockwell Collins has entered into a definitive agreement to acquire the assets of the Matrix series projector product lines from Christie Digital Systems (Christie). The transaction will give military and aviation customers a more comprehensive partner for all their current and future simulation and training projector needs. Rockwell Collins will acquire the Matrix SIM and