Avcorp Industries Inc. ("AVP" or the "Company") today announced that it has entered into an extension to its banking agreement, which will provide the Company’s operating lines of credit through to April 2012. In conjunction with the renewal of the operating lines of credit agreement, the Company has entered into a $6,000,000 principal amount, 10%
HEICO CORPORATION reported that net income increased 34% to $16,830,000 for the second quarter of fiscal 2011, up from $12,573,000 for the second quarter of fiscal 2010. For the first six months of fiscal 2011, net income increased 39% to $33,904,000 up from $24,366,000 for the first six months of fiscal 2010. Operating income increased
airberlin remains cautiously optimistic for the further course of the business year, despite the first-quarter results falling short of expectations. In the first quarter of 2011, Air Berlin PLC increased its revenue to EUR 751.6 million, i.e. an increase of 2% over the previous year (Q1/2010: EUR 690.9 million). The number of passengers increased by
airberlin remains cautiously optimistic for the further course of the business year, despite the first-quarter results falling short of expectations. In the first quarter of 2011, Air Berlin PLC increased its revenue to EUR 751.6 million, i.e. an increase of 2% over the previous year (Q1/2010: EUR 690.9 million). The number of passengers increased by
Air Lease Corporation recorded the first quarterly positive pre-tax income of $4.9 million and net income of $3.2 million and recorded cash flow from operations of $38.5 million for the three months ended March 31, 2011. For the same period, they recorded adjusted net income of $11.7 million and adjusted EBITDA of $45.2 million. Air
Air Lease Corporation recorded the first quarterly positive pre-tax income of $4.9 million and net income of $3.2 million and recorded cash flow from operations of $38.5 million for the three months ended March 31, 2011. For the same period, they recorded adjusted net income of $11.7 million and adjusted EBITDA of $45.2 million. Air
Goodrich Corporation has completed the acquisition of Microtecnica S.r.l. Microtecnica is a leading provider of flight control actuation systems for helicopter, regional and business aircraft, missile actuation, and aircraft thermal and environmental control systems. Total cash consideration for the acquisition was approximately 331 million Euros ($478 million at an exchange rate of 1.44). Goodrich had
In the first quarter, EADS
Goodrich Corporation has completed the acquisition of Microtecnica S.r.l. Microtecnica is a leading provider of flight control actuation systems for helicopter, regional and business aircraft, missile actuation, and aircraft thermal and environmental control systems. Total cash consideration for the acquisition was approximately 331 million Euros ($478 million at an exchange rate of 1.44). Goodrich had
