Boeing Commercial Airplanes fourth-quarter revenue increased to $14.2bn and full-year revenue increased to a record $49.1bn on higher delivery volume. Fourth-quarter operating margin was 8.9% and full-year operating margin was 9.6%, both reflecting the dilutive impact of 787 and 747-8 deliveries and higher period costs partially offset by the higher volume and lower R&D. During
Air Lease Corporation intends to commence a public offering of $400.0m in aggregate principal amount of senior unsecured notes due 2020. The interest rate and other terms of the Notes will be determined at the time of the pricing of the offering and will depend on market and other conditions. The Company intends to use
JetBlue Airways Corporation (JBLU) reported operating income of $44m in the fourth quarter, this compares to operating income of $83m in the year-ago period. For the full year 2012, JetBlue reported operating income of $376m, this compares to operating income of $322m for the full year 2011. Pre-tax income of $1m in the fourth quarter,
Ryanair on Jan 28th announced Q3 profits of €18m, up €3m on last year despite an €81m increase in fuel costs. Revenues rose 15% to €969m as traffic grew 3% to 17.3m passengers. Unit costs rose 11% mainly due to a 24% (€81m) increase in fuel. Excluding fuel Q3 unit costs rose by 4%, while
Hawker Beechcraft released that the key creditors, voting in the company’s solicitation process, have overwhelmingly approved its proposed Joint Plan of Reorganization (Plan). The company also announced that J.P. Morgan Securities LLC and Credit Suisse Securities (USA) LLC have agreed to act as joint lead arrangers and joint bookrunners to structure, arrange and syndicate $600m
Eurocopter released that strong growth in services and the 475 rotorcraft delivered last year generated a new turnover high of €6.3bn – 15% more than in 2011, when the Group reached a previous record of €5.4bn. Milestones in 2012 included deliveries of the first enhanced AS350 B3e version and the initial latest-generation EC130 T2 helicopter
Alaska Air Groupreported fourth quarter 2012 GAAP net income of $44m, compared to GAAP net income of $64m in 2011. Excluding mark-to-market fuel hedge losses of $10m ($6m after tax), the company reported record fourth quarter 2012 net income of $50m, compared to net income excluding mark-to-market fuel hedge gains of $37m in 2011. The
United Continental Holdings reported full-year 2012 net income of $589m excluding $1.3bn of special charges. Including special charges, UAL reported a full-year 2012 net loss of $723m. UAL reported a fourth-quarter 2012 net loss of $190m excluding $430m of special charges. Including special charges, UAL reported a fourth-quarter 2012 net loss of $620m. UAL ended
Southwest Airlines reported its fourth quarter and full year 2012 results. Fourth quarter 2012 net income was $78m which included $13 million (net) of favorable special items. This compared to net income of $152m in fourth quarter 2011, which included $86m (net) of favorable special items. Excluding special items, fourth quarter 2012 net income was
Aircraft supplies company AAF Spares is set for growth after securing a $10m (£6.18m) finance package from Santander Corporate & Commercial Banking to purchase additional stock to supply to major aircraft clients. AAF is 50/50 joint venture established in June 2011 between Avtrade Limited and Air France. The new funding will be used to grow
