Vueling made a net loss of €16.5m in the first quarter of 2012, an improvement of 28.7% compared with the same period of last year. The operating result (EBIT) was €-26.8m, a 23.9% improvement on last year. The company increased the number of passengers carried by 24.1% compared with the first quarter of 2011. Vueling‘s
SIAEC Group posted a profit attributable to owners of the parent of $269.1m for the financial year ended 31 March 2012, an increase of $10.6m or 4.1% over last year. Share of profits from associated and joint venture companies was $12.5m or 8.7% higher at $156.9m, representing a contribution of 51.8% to the Group’s pre-tax
Air France KLM reported total revenues for the first quarter 2012 of €5.65bn, up 6.0% after a positive currency effect of 1.1%. Unit revenue per equivalent available seat kilometer (EASK) rose 6.6% (+5.5% ex. currency). The operating result was €-597m (€-403m at 31st March 2011). Net result, group share was €-368m (€-367m at 31st March
SIAEC Group posted a profit attributable to owners of the parent of $269.1m for the financial year ended 31 March 2012, an increase of $10.6m or 4.1% over last year. Share of profits from associated and joint venture companies was $12.5m or 8.7% higher at $156.9m, representing a contribution of 51.8% to the Group’s pre-tax
The Qantas Group will reduce capital expenditure in 2012/13 by a further $400m in addition to the $500m announced in February, as it pursues competitiveness in all business areas. Capital expenditure in 2012/13 will now total $1.9bn compared with the $2.3bn previously planned, consistent with the Group’s commitment to disciplined capital management. Capital expenditure in
The Lufthansa Group improved revenue by 5.6% to €6.6bn (previous year: €6.3bn) in the first quarter 2012. The additional revenue could however not offset the cost increases, in particular for fuel. Therefore the Group registered an operating loss of €381m (previous year: €-169m). The net result attributable to shareholders amounted to €-397m (previous year: €-507m).
Astronics Corporation released that sales in the first quarter of 2012 were $65.1m, up $10.0 million, or 18.2%, from the prior year first quarter sales of $55.1 million. Aerospace sales, which represented approximately 95% of total first quarter sales, increased 23.5% over the prior year period to $62.0m. Test Systems sales decreased to $3.1m for
US Airways reported that it priced two offerings of enhanced equipment trust certificates (the “Certificates”) in the aggregate face amount of approximately $623m. The Company intends to use the proceeds from the offerings to refinance two Airbus aircraft currently owned by US Airways, to finance the Company’s purchase of twelve Airbus aircraft scheduled to be
For first-quarter 2012, Safran’s revenue was €3,108m, compared to €2,681m in the same period a year ago, a 15.9% year-on-year increase (7.3% organic growth). First-quarter 2012 revenue increased by €427m on a reported basis. On an organic basis, revenue increased by €196 million as a result of higher OEM volumes and aftermarket in Aerospace and good
Despite a number of potential headwinds in the coming 12 months, ANA expects to make further progress in the current fiscal year ending March, 2013, using its strength as a network carrier and the launch of low-cost airline operations to improve overall group performance. For the fiscal year ended March, 2012, operating income rose 43%
