Financial

FLY is reporting net income of US$15.5m for the fourth quarter of 2014, compares to net income of US$13.4m for the same period of 2013. The fourth quarter 2014 results include US$21.7m of end of lease income compared to the fourth quarter of 2013 in which there was none. However, the fourth quarter 2013 results

BOC Aviation reported that net profit after tax was US$308.6m, an increase of 11% over the prior year, increasing total equity to US$2.1bn. Total revenue was US$988.4m, reflecting 8% year-on-year growth and total assets grew 12% to US$11.4bn at year-end. BOC Aviation reported US$367.4m in total cash and fixed deposits, and more than US$2.4bn in

Air Transport Services Group reported consolidated financial results for the quarter and full year ended December 31st, 2014. Adjusted pre-tax earnings from continuing operations increased 19% to US$17.7m. The adjustments remove the effects of pension settlement charges, derivative transactions, and year-earlier impairment charges. These and other adjusted amounts referenced below are non-GAAP financial measures, defined

In the fourth quarter of 2014, Embraer delivered 30 commercial and 52 executive (38 light and 14 large) jets and ended the year with total deliveries of 92 commercial and 116 executive (92 light and 24 large) aircraft, thus meeting the Company’s total deliveries Guidance for 2014. Revenues in 4Q14 reached US$2,045.5m and in 2014

AeroCentury, an independent aircraft leasing company, reported its unaudited operating results for the fourth quarter and year ended December 31st, 2014. Effective as of January 1st, 2014, the Company adopted an alternate method of accounting for non-refundable maintenance reserves and certain lessor maintenance costs. In order to provide a meaningful comparison for 2014 results, the

Total revenue increased by US$49m, or 39%, to US$173m for the fourth quarter compared to US$124m for the same period in 2013. Adjusted  net income increased by US$21m, or 74%, to US$49m for the quarter compared to US$28m for same period in 2013. Net income for the fourth quarter was a loss of US$13m reflecting

Airbus Group reported strong 2014 results, reflecting an improved operational performance with record commercial aircraft deliveries, revenues and order backlog. Group order intake in 2014 was €166.4bn (FY 2013: €216.4bn, with the order book worth a record €857.5bn at year-end (year-end 2013: €680.6bn). Airbus received 1,456 net commercial aircraft orders (FY 2013: 1,503 net orders),

GA Telesis has closed on a new syndicated $150,000,000 credit facility. Led by HSBC Bank USA, N.A., and with an increased commitment from 4 global and regional banks involved in the company’s previous facility, the new credit facility has a three year maturity with more efficient and flexible terms to support the Company’s growth plans.

IAG reported strong full year results with an operating profit before exceptional items of €1,390m, up 80.5%. Total revenue was up 8.0% with non-fuel costs up 7.0% and fuel costs up 0.6% on capacity growth of 9.3%. Iberia made an operating profit of €50m compared to an operating loss of €166m last year. British Airways’