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%
In the first quarter of 2012 Embraer delivered 21 commercial and 13 executive (12 light and 1 large) jets, surpassing the 20 commercial and eight executive jets delivered in the same period of 2011. As a result of aircraft deliveries, coupled with revenues from aviation services and the Company’s growing Defense and Security business, 1Q12
Finnair’s first quarter 2012 turnover grew by 10.9% compared with 10.8% in 2011, totalling €591.8m, compared to €533.7m in 2011. The Group’s operational result, which refers to the operating result excluding non-recurring items, capital gains and the change in the fair value of derivatives and in the value of foreign currency denominated fleet maintenance reserves,
United Continental Holdings reported a first-quarter 2012 net loss of $286m, excluding $162m of net special charges consisting primarily of integration-related costs. Including special charges, UAL reported a first-quarter 2012 net loss of $448m. UAL first-quarter consolidated passenger revenue increased 5.5% year-over-year while consolidated fuel expense increased 20.8%. UAL ended the first quarter with $7.8bn
Republic Airways Holdings reported operating revenues of $697.6m for the quarter ended March 31, 2012, an increase of 5.8%, compared to $659.1m for the same period last year. The Company reported a net loss of $7.1m for the quarter ended March 31, 2012, compared to a net loss of $22.4m for the same period last
Delta Air Lines reported financial results for the March 2012 quarter. Excluding special items, Delta’s net loss for the March 2012 quarter was $39m and its pre-tax loss was $36m. The pre-tax result is a $355m improvement year over year despite $250m higher fuel expense. Including a $163m gain from special items, Delta’s GAAP net
The Boeing Company reported first-quarter net income rose to $0.9bn, up 58% compared to the same period last year, on revenue of $19.4bn up 30% compared to the previous year. Earnings per share rose 56%, reflecting continued strong core performance across the company’s businesses, which more than offset higher pension expense. The results also include
Lufthansa has completed the sale of British Midland (bmi) to International Airlines Group (IAG). The completion of the sale took place after close of business on 19th April 2012. The gross purchase price amounts to GBP 172.5m (approx. €207m). Because price adjustments were agreed as part of the transaction structure, the net purchase price will
International Lease Finance Corporation (ILFC) has closed a $203 million bank loan arranged and underwritten by DVB Bank. ILFC will use the financing for the acquisition of seven new aircraft delivering in 2012. The financing is for six years and is at an average rate of approximately 4.7%.
B/E Aerospace reported first quarter 2012 revenues of $747.3m, an increase of $147.1m as compared with the same period of the prior year. Pro forma revenue growth, giving effect to all 2011 and 2012 acquisitions as if they had occurred on January 1, 2011, was 16.9%. First quarter 2012 operating earnings increased 29.7% on the
