airberlin remains cautiously optimistic for the further course of the business year, despite the first-quarter results falling short of expectations. In the first quarter of 2011, Air Berlin PLC increased its revenue to EUR 751.6 million, i.e. an increase of 2% over the previous year (Q1/2010: EUR 690.9 million). The number of passengers increased by
Air Lease Corporation recorded the first quarterly positive pre-tax income of $4.9 million and net income of $3.2 million and recorded cash flow from operations of $38.5 million for the three months ended March 31, 2011. For the same period, they recorded adjusted net income of $11.7 million and adjusted EBITDA of $45.2 million. Air
Air Lease Corporation recorded the first quarterly positive pre-tax income of $4.9 million and net income of $3.2 million and recorded cash flow from operations of $38.5 million for the three months ended March 31, 2011. For the same period, they recorded adjusted net income of $11.7 million and adjusted EBITDA of $45.2 million. Air
Goodrich Corporation has completed the acquisition of 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. Total cash consideration for the acquisition was approximately 331 million Euros ($478 million at an exchange rate of 1.44). Goodrich had
In the first quarter, EADS
Goodrich Corporation has completed the acquisition of 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. Total cash consideration for the acquisition was approximately 331 million Euros ($478 million at an exchange rate of 1.44). Goodrich had
In the first quarter, EADS
The Emirates Group has marked its 23rd consecutive year of profit with a record performance of AED 5.9 billion (US$ 1.6 billion) net profit, despite a challenging business climate. The 2010-11 Annual Report of the Emirates Group – comprising Emirates Airline, dnata and their subsidiary companies
ATSG reported that pre-tax earnings from continuing operations were $4.6 million, compared with $10.8 million in the first quarter of 2010. Adjusted pre-tax earnings from continuing operations totaled $11.4 million, up 57% from $7.2 million during the first quarter of 2010. Net earnings were $2.8 million compared with $7.2 million in the year-earlier quarter. Revenues
