Air Canada reported first quarter earnings before interest, taxes, depreciation, amortization and impairment, and aircraft rent (EBITDAR of $147m compared to EBITDAR of $145m in the first quarter of 2013. Air Canada’s EBITDAR of $147m was consistent with the EBITDAR projection provided in the airline’s news release dated April 3rd, 2014 which forecasted EBITDAR in
GOL Linhas Aereas Inteligentes reported its results for the first quarter of 2014. Operating income totaled R$144m in 1Q14, 43% increase versus 1Q13, with an operating margin of 5.8%. In the last 12 months, GOL achieved an EBIT of R$309m and a margin of 3.3%. Net revenues reached R$2.5bn, 20% or R$411m, up year over
AeroCentury, an independent aircraft leasing company, reported its operating results for the first quarter ended March 31st, 2014. The Company reported net income of $0.4m for the first quarter of 2014, compared to net income of $3.8m for the first quarter of 2013. Total revenues were $8.0m for the first quarter ended March 31st, 2014,
AerCap Holdings has completed its previously announced acquisition of International Lease Finance Corporation (“ILFC”) from American International Group, (“AIG”). Under the terms of the agreement, AerCap paid AIG $3.0bn in cash and 97,560,976 AerCap ordinary shares, which represents an approximately 46% ownership position in AerCap’s ordinary share capital. In connection with the acquisition, AerCap Ireland
Airbus Group reported first quarter 2014 results reflecting the company’s continued focus on programme execution and achieving its operational milestones. Group order intake was €21.1bn (Q1 2013: €49.5bn), with the order book value amounting to €683.2bn on March 31st, 2014 (year-end 2013: €680.6bn). Airbus received 103 net commercial aircraft orders (Q1 2013: 410 net orders),
Waypoint Leasing, a leading helicopter leasing company, has closed on a five year US$72.5m term loan facility led by Goldman Sachs. The facility will be used to refinance certain existing helicopters previously acquired and financed under Waypoint’s recently upsized $385m revolving credit facility. The additional debt capacity enables Waypoint to continue its significant build out
DVB Bank generated relatively stable results during the first three months of 2014. New business developed positively during the first quarter of 2014: in Shipping Finance, Aviation Finance, Offshore Finance and Land Transport Finance, DVB originated 40 transactions with an aggregate volume of €1.1bn (Q1 2013: 29 transactions with an aggregate volume of €0.8bn). Total
For the fiscal year ended March 31st, 2014, Triumph Group reported that net sales totaled $3.763bn, a 2% increase from fiscal year 2013 net sales of $3.703bn. Organic sales for the fiscal year decreased 6%. Net income for fiscal year 2014 was $206.3m, versus $297.3m for fiscal year 2013. The fiscal year’s results included approximately
Gogo reported record first quarter revenue of $95.7m, up 35% year-over-year. Adjusted EBITDA for Q1 2014 was $5.3m, up 87% from $2.9m in Q1 2013, driven by strong growth in CA-NA and BA segment profit, offset in part by increased segment loss in CA-ROW due to increased investment in it’s international expansion. Net loss attributable
Air Lease Corporation reported another consecutive quarter of fleet, revenue and profitability growth. Diluted EPS increased 50% to $0.57 per share for the three months ended March 31st, 2014 compared to $0.38 per share for the three months ended March 31, 2013. Revenues increased 28% to $246m, compared to $192m in 2013. Income before taxes
