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Financial

Embraer inks strategic cooperation agreement with China

Embraer and Minsheng Financial Leasing, a subsidiary of China Minsheng Banking Co., jointly announced the signature of a strategic cooperation agreement between the two parties. The agreement is designed to create financing opportunities for selling Embraer executive jets to China and the international market and to jointly promote executive aviation in China. In light of

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Bombardier reports net income of $769 million for fiscal year 2010

Bombardier reported its overall financial results for the fourth quarter and the year ended January 31, 2011. Revenues totalled $17.7 billion, compared to $19.4 billion last fiscal year. Earnings before financing income, financing expense and income taxes (EBIT) amounted to $1.1 billion, the same as last fiscal year. EBIT margin increased to 5.9% compared to

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Goodrich Corporation signs agreement to acquire Microtecnica

Goodrich Corporation has signed an agreement with SSCP Aero Holdings S.C.A., a company backed by the European private equity firm Stirling Square Capital Partners, to acquire 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. The transaction

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Bombardier reports net income of $769 million for fiscal year 2010

Bombardier reported its overall financial results for the fourth quarter and the year ended January 31, 2011. Revenues totalled $17.7 billion, compared to $19.4 billion last fiscal year. Earnings before financing income, financing expense and income taxes (EBIT) amounted to $1.1 billion, the same as last fiscal year. EBIT margin increased to 5.9% compared to

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Goodrich Corporation signs agreement to acquire Microtecnica

Goodrich Corporation has signed an agreement with SSCP Aero Holdings S.C.A., a company backed by the European private equity firm Stirling Square Capital Partners, to acquire 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. The transaction

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ILFC enters into $1.3 billion committed secured loan

International Lease Finance Corporation (ILFC) announced the commitment for $1.3 billion of a secured term loan with a group of 15 banks from Europe, Asia and North America. The company also has the right to upsize the transaction by $200 million in commitments from additional lenders. The facility, arranged by Citi and Credit Suisse as

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ILFC enters into $1.3 billion committed secured loan

International Lease Finance Corporation (ILFC) announced the commitment for $1.3 billion of a secured term loan with a group of 15 banks from Europe, Asia and North America. The company also has the right to upsize the transaction by $200 million in commitments from additional lenders. The facility, arranged by Citi and Credit Suisse as

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