AAR reported sales of $309.6 million and net income attributable to AAR of $9.9 million for the fiscal year 2010 third quarter ending February 28, 2010. These results were unfavorably impacted by $0.10 per diluted share as a result of a customer bankruptcy. For the third quarter of last fiscal year, the Company reported sales
In 2009, the Lufthansa Technik Group bucked the general trend in the maintenance, repair and overhaul (MRO) sector, achieving a EUR 246 million (+ 6.6%) increase in revenue to EUR 4.0 billion. While it was possible to improve the operating profits by 5.7% to EUR 316 million, the operating margin retreated slightly by 0.5% to
Communications reported financial results for the period ended December 31, 2009. Net loss for the fourth quarter was $4.7 million compared with net income of $1.5 million for the fourth quarter of 2008, in part reflecting $17.0 million of expenses related to purchase price accounting adjustments, net of tax, relating to the GHL Acquisition Corp.
SAS released that the Court of Appeal (Lagmansretten) Oslo ruled on 16 March 2010 that SAS Group shall pay damages totaling NOK 160 Million plus legal costs. In total, the amount adds up to just under NOK 175 million (approx 22 million EUR). For SAS, this will have a negative effect on results and liquidity
Based on preliminary, unaudited figures, DVB Group posted solid consolidated net income (after taxes) of EUR 76.1 million, a 27.7% decline from the previous year’s figure of EUR 105.2 million. Net interest income was up slightly, to EUR 194.3 million – a positive development, given the difficult market environment in 2009. Against this background, the
Bombardier announced that, due to the current unfavourable conditions in the debt capital markets, it has decided to withdraw its proposed institutional private placement of new senior notes (the
EADS reported that 2009 revenues stood at EUR 42.8 billion (FY 2008: EUR 43.3 billion), supported by record commercial aircraft deliveries at Airbus (498 units compared to 483 in 2008) but offset by lower revenue recognition in the A400M programme, price deterioration on commercial aircraft deliveries and negative foreign exchange impacts. In addition, revenues at
Willis Lease Finance Corporation reported strong revenues, net income and earnings per share in 2009, reflecting continued growth in its lease portfolio, higher maintenance reserve revenues and lower borrowing costs. For the full year, net income available to common shareholders totaled $19.2 million compared to the record results posted in 2008 of $23.5 million which
Aircastle Limited reported fourth quarter net income of $23.0 million and adjusted net income of $21.1 million. Net income for the year ended December 31, 2009 was $102.5 million and adjusted net income of $104.8 million. Aircastle Limited reported total revenues of $135.8 million and EBITDA of $124.6 million for the fourth quarter; total revenues
Lufthansa Group generated revenue of EUR 22.3 billion according to preliminary figures, around 10% less than the previous year (EUR 24.8 billion). The Group achieved its target of earning an operating profit, reaching a figure of EUR 130 million (previous year: EUR 1.3 billion). The net loss for the period came to EUR 112 million
