Air Lease Corporation released that due to market demand, it has priced and upsized to $1.0bn its offering of 5.625% senior notes due 2017 in an offering exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). The offering was upsized to $1.0bn from a previously announced offering size of $500m.
Goodrich Corporation reported that, at the special meeting of shareholders held March13th, Goodrich shareholders voted to approve the proposed merger with United Technologies Corp. The final tabulation indicates that more than 98% of votes were cast in favor of the transaction, which represents approximately 75% of the total outstanding shares of Goodrich common stock as
Air Lease Corporation announced that it intends to offer $500m aggregate principal amount of senior notes due 2017 (the “Notes”) in an offering exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be offered only to qualified institutional buyers and non-U.S. persons outside of the United States
Willis Lease Finance Corporation reported that 2011 net income grew 20% to $14.5m and net income available to common shareholders increased 28% to $11.4m up from $8.9m a year ago.Willis Lease earned $3.6m in the fourth quarter ended December 31, 2011, compared to $4.0m in the fourth quarter a year ago. After payment of preferred
Air Lease Corporation reported rental revenues of $113.6m for the fourth quarter of 2011, which included overhaul revenue of $3.4m. The Company reported $36.7m in rental revenue for the fourth quarter of 2010, which included overhaul revenue of $1.8m. The increase in rental revenue was attributable to the acquisition and lease of additional aircraft. For
Air France-KLM reported total revenues of €24.36bn (+4.5%) for the full year 2011. Operating costs rose 6.2% to €24.72bn, the rise was limited to 3.0% ex-fuel. Unit cost per EASK rose 1.2% for production measured in EASK up 5.1%, but declined by 2.2% on a constant fuel and currency basis thanks to the €546m in
DVB concluded 184 new transactions with an aggregate volume of €5.6bn and a risk-adequate average interest margin of 313 basis points (2010: 140 new transactions, €4.4bn, 327 basis points). Thanks to the higher new business originated and due to the sale of container boxes by a shipping investment fund managed by DVB, net interest income
EADS’ revenues increased 7% to €49.1bn (FY 2010: €45.8bn). This growth is driven by volume and mix effects at Airbus and the increase of commercial activity at Eurocopter. EBIT before one-off (adjusted EBIT) stood at around €1.8bn (FY 2010: €1.3bn) for EADS and at around €0.5bn for Airbus (FY 2010: around €0.3bn). Net Income increased
The Lufthansa Group closed the financial year 2011 with revenue of €28.7bn (previous year: €26.5bn) and achieved an operating profit of €820m (previous year: €1.0bn). The net result attributable to shareholders came to €-13m (previous year: €1.1bn). It includes a result of discontinued operations of €-285m, which reflects current losses at British Midland and valuation
AeroCentury, an independent aircraft leasing company, reported its operating results for the fourth quarter and the year ended December 31, 2011. For the fourth quarter ended December 31, 2011, the Company reported total revenues of $6.7m compared with total revenues of $5.9m for the same period a year ago. For the year ended December 31,
