Financial

American Airlines, the principal operating subsidiary of AMR Corporation, reported the closing of its private offering of two tranches of enhanced equipment trust certificates (the “Certificates”) in the aggregate face amount of $663,378,000. The Certificates are comprised of a senior tranche of Class A Certificates with an interest rate of 4.000% per annum and a

During the 4th quarter of 2012 (4Q12), Embraer delivered 23 commercial and 53 executive aircraft and ended the year with total deliveries of 106 commercial and 99 executive aircraft (77 light jets and 22 large jets). As a consequence, 2012 revenues totaled US$6,177.9m, in line with the annual revenue guidance range of US$ 5.8 to

The HAECO Group reported an attributable profit of HK$876m in 2012, 6.7% higher than that of HK$821m in 2011. Earnings per share increased by 6.7% to HK$5.27. Turnover increased by 12.7% to HK$5,830m. The Directors have declared a second interim dividend (in lieu of a final dividend) of HK$2.00 per share. Together with the first

Hong Kong Aircraft Engineering Company (“HAECO”) has acquired an additional 26% shareholding in Shanghai Taikoo Aircraft Engineering Services Company (“STA”), increasing the HAECO Group’s equity interest to 75%. The remaining 25% shareholding in STA, a provider of line maintenance services in Shanghai, continues to be held by Shanghai Foreign Aviation Service Corporation. STA currently provides

DVB increased total income before allowance for credit losses by 5.1%, to €411.9m (previous year: €391.9m). Total income after allowance for credit losses amounted to €341.2m, which corresponds to a rise of 2.6%. Net interest income after allowance for credit losses declined by 20.0%, to €159.3m (2011: €199.1m) in spite of successful new business origination;

Marshall Aerospace and Defence Group announced the acquisition of 100% of the share capital of FlairJet Ltd, the London Oxford Airport-based aircraft management and charter company. Effective immediately, FlairJet will become part of the Group’s newly formed Aviation Services business unit and will continue to be led by Managing Director and founder, David Fletcher, who

Air Lease Corporation reported another consecutive quarter of fleet, revenue, profitability and financing growth: revenues increased 95% to $656m for the year ended December 31, 2012 compared to $337m for the year ended December 31, 2011. Revenues increased 65% to $190m in the fourth quarter of 2012 compared to $115m in the fourth quarter of

Exchange Income Corporation has signed a stock purchase agreement to acquire all of the shares of Regional One, a privately-owned US company that is a leading provider of aircraft and engine aftermarket parts to regional airline operators around the world. The acquisition is valued at approximately $80m, subject to adjustments for taxes, and will be

Republic Airways reported full year 2012 net income of $51.3m, a $203.1m improvement from the full year 2011 results of a net loss of $151.8m. The Company also reported fourth quarter 2012 net income of $12.6m, a $136.1m improvement over the fourth quarter 2011 net loss of $123.5m.