WestJet announced a second quarter net earnings record of $42.5m, up from net earnings of $25.6m reported in the second quarter of 2011. These financial results mark WestJet’s 29th consecutive quarter of profitability. Based on the trailing twelve months, the airline achieved a return on invested capital of 11.4%, up from the 10.8% reported last
For first-half 2012, Safran’s revenue was €6,413m, compared to €5,622m in the same period a year ago, a 14.1% year-on-year increase (5.2% organic growth). First-half 2012 revenue increased by €791m on a reported basis, notably highlighting a good performance in aerospace and security (both organic and from acquisitions). On an organic basis, revenue increased by
During the 2nd quarter of 2012 Embraer delivered 35 jets to the commercial aviation market and 20 to the executive aviation market (17 light jets and 3 large jets); as a consequence, 2Q12 revenues reached US$ 1,717.3m and Gross margin grew from 22.4% in 2Q11 to 23.6% in 2Q12. 2Q12 operating performance was strong and
Butler National Corporation reported that fiscal 2012 year ended April 30, 2012, revenues increased 17% to $54.4m compared to $46.3m in fiscal 2011. The year-over-year increase in revenue reflects additional professional services revenues (up 36%) driven by increased revenues from gaming activities and a decrease in aerospace products revenues (down 9%) attributable to reduced domestic
Air France/KLM reported that total revenues for the first half 2012 amounted to €12.14bn (+5.2% of which a positive currency effect of 1.9%). Operating costs rose 2.7% ex-fuel and by 5.9% including fuel. The main change came from the fuel bill, up €469m. Employee costs of €3.88bn were up 3.9%, including the additional pension charge
EADS achieved solid financial results in the first half of 2012, exceeding expectations. Order intake in the first six months reached €28.2bn driven by solid order activity at Eurocopter, Astrium, Cassidian and Airbus Military and ongoing commercial momentum at Airbus. At the end of June, EADS’ order book stood at a record level of €551.7bn
The Rolls Royce Civil Aerospace segment increased revenue by 17% in the first half of 2012. There was a 26% growth in OE revenue, primarily reflecting higher deliveries of Trent and corporate engines. Services revenue grew by 10% consistent with growth in the installed base of thrust. Profit increased by 24% due to increased OE
United Technologies released that all remaining regulatory approvals related to the proposed acquisition of Goodrich Corporation have been obtained. The conclusion of the regulatory review by the U.S. Department of Justice and the European Commission clears the way for United Technologies to proceed with the proposed acquisition announced on Sept. 21, 2011. The acquisition is
Norwegian (NAS) reported a pre tax profit of 125m NOK, an improvement of 50m from last year. This year’s result has been considerably influenced by the strike among the security staff at airports throughout Norway. The strike cost Norwegian 70m NOK. The company’s growth continues and increased by 15% in the second quarter. The number
United Continental Holdings reported second-quarter 2012 net income of $545m, excluding $206m of net special charges. Including special charges, UAL reported second-quarter 2012 net income of $339m. For the second quarter of 2012, total revenue was $9.9bn, an increase of 2.4% year-over-year excluding special items. Including special items in 2011, second-quarter total revenue increased 1.3%
