Virgin America (VA) reported its financial results for the first quarter of 2015. First quarter 2015 net income was US$10.5m excluding special items, an increase of US$32.9m from the first quarter of 2014. Operating income and operating margin excluding special items were US$13.1m and 4.0%, respectively. On a GAAP basis, net income was US$12.8m. This
In the first quarter of 2015, Embraer delivered 20 commercial and 12 executive (10 light and 2 large) jets; The Company’s firm order backlog ended the quarter at US$20.4bn, compared to US$19.2bn at the end of the first quarter in 2014 and US$20.9bn in backlog at the end of 2014. As a result of aircraft
For the first quarter 2015, Spirit’s total operating revenue was US$493.4m, an increase of 12.6% compared to the first quarter 2014, driven by an increase in flight volume. Adjusted net income for the first quarter 2015 increased 87.1% to US$70.7m compared to the first quarter 20141. GAAP net income for the first quarter 2015 increased
Spirit AeroSystems reported first quarter financial results driven by positive operating performance of mature programs. Spirit’s first quarter 2015 revenues were US$1.7bn up 1% compared to the same period of 2014. Operating income was US$235m, up from US$194m for the same period in 2014. Net income for the quarter was US$182m, compared to net income
In the first quarter of 2015, MTU Aero Engines AG increased its revenues by 20% to €1.099,5bn (1-3/14: €913.0m). The group’s operating profit rose by 10% to €97.7m (1-3/14: €89.0m). The EBIT margin amounted to 8.9%, compared with 9.7% for the same period in the previous year, and earnings after tax increased by 22% to
Excluding net special charges, American Airlines Group’s first quarter 2015 net profit was a record US$1.2b. This represents a tripling of the Company’s first quarter 2014 net profit excluding net special credits of US$402m. The Company’s first quarter 2015 pretax margin excluding net special charges was 12.7%, up 8.6 percentage points from the same period
Southwest Airlines reported record first quarter net income of US$453m which included US$2m (net) of favorable special items, compared with first quarter 2014 net income of US$152m, which included US$26m (net) of favorable special items. First quarter 2015 total operating revenues increased 6.0% US$4.4bn, on a 6.0% increase in ASMs, both compared with first quarter
Alaska Air Group posted first quarter 2015 GAAP net income of US$149m compared to US$94m in the first quarter of 2014. Excluding the impact of mark-to-market fuel hedge adjustments, the company reported record adjusted net income of US$149m compared to adjusted net income of US$89m in 2014.
United Airlines (UAL) reported first-quarter 2015 net income of US$582m, excluding US$74m of special items. Including special items, UAL reported first-quarter net income of US$508m. These results are a record first-quarter profit for the company. For the first quarter of 2015, total revenue was US$8.6bn, a decrease of 1.0% year-over-year. First-quarter consolidated passenger revenue increased
B/E Aerospace reported first quarter 2015 revenues of US$690m an increase of 7.0% as compared with the prior year period (revenues increased 7.7 percent adjusting for the impact of Euro denominated sales). In addition, revenues from the Company’s Russian customers were severely impacted by geopolitical and macroeconomic forces, and demand from defense customers was also
