AviancaTaca Holding reported second quarter 2012 operating revenue of COP$ 1.8tri (US$1.0bn), a 12.9% increase compared to the same period in 2011. This result is mainly due to a 12.9% increase in pax revenue fueled by an 11.6% increase in passenger traffic compared to the second quarter in 2011. Operating income in the second quarter
Judge Jean-Yves Lalonde of the Superior Court of Québec, sitting in and for the Commercial Division for the District of Montreal, issued the approval and vesting order requested by the Chief Restructuring Officer and Monitor authorising the sale by Aveos Fleet Performance of the assets of its component repair business to A J Walter Aviation.
Singapore Technologies Engineering (ST Engineering) reported higher revenue and profits in 2Q2012 compared to the same period last year. Group revenue increased 6% to $1.57bn while profit before tax rose 13% to $187.8m and profit after tax grew 10% to $143.1m. For the first half of 2012, both profit before tax and net profit for
AeroCentury reported net income of $1.0m for the second quarter of 2012, compared to a net loss of $0.1m for the second quarter of 2011. The Company reported net income of $2.3 million for the six months ended June 30, 2012, compared to a net loss of $2.4m, for the six months ended June 30,
FLY Leasing Limited, a leading global lessor of modern commercial jet aircraft, closed a new $395m senior secured term loan. FLY will use the proceeds from the new loan to refinance its remaining 2012 debt maturities, as well as the outstanding debt under a facility that matures in 2013. The senior secured term loan will
Air Lease Corporation reported another quarter of consecutive fleet, profitability and financing growth: diluted EPS increased 250% to $0.28 per share in the second quarter of 2012 compared to $0.08 in the second quarter of 2011. Diluted EPS increased 315% to $0.54 per share for the six months ended June 30, 2012 compared to $0.13
Bombardier Aerospace’s revenues totalled $2.3bn, compared to $2.1bn last fiscal year. EBIT totalled $102m translating into an EBIT margin of 4.5% for the second quarter ended June 30, 2012, compared to $105m, or 5%, last fiscal year. Free cash flow usage totalled $504m compared to a usage of $448m for the corresponding period last fiscal
During the quarter ended June 30, 2012, Avcorp Industries recorded income from operations of $411,000 on $25,192,000 revenue, as compared to a $752,000 operating loss on $20,492,000 revenue for the same quarter in the preceding year; and net income for the current quarter of $13,000 as compared to a net loss of $1,337,000 for the
The Cathay Pacific Group reported an attributable loss of HK$935m for the first six months of 2012. This compares to the profit of HK$2,808m in the first half of 2011. Loss per share was HK23.8 cents as compared to the earnings per share of HK71.4 cents in 2011. Turnover for the period rose by 4.4%
Air Canada recorded earnings before interest, taxes, depreciation, amortization and impairment, and aircraft rent (EBITDAR) of $314m in the second quarter of 2012 compared to EBITDAR of $338m in the second quarter of 2011. Operating income of $63m decreased $10m from the same quarter in 2011.
