Spirit’s first quarter 2011 revenues were $1.050 billion, slightly up from $1.043 billion for the same period of 2010 primarily driven by model mix. Operating income was $70 million, compared to $93 million for the same period in 2010, as the company recognized a $28 million pre-tax charge on the CH-53K program and realized higher
Copa Holdings reported net income of $94.4 million for 1Q11. Excluding special items, Copa Holdings would have reported an adjusted net income of $82.0 million a 30.9% increase over adjusted net income of $62.7 million for 1Q10. Operating income for 1Q11 came in at $101.0 million, a 29.2% increase over operating income of $78.1 million
Spirit’s first quarter 2011 revenues were $1.050 billion, slightly up from $1.043 billion for the same period of 2010 primarily driven by model mix. Operating income was $70 million, compared to $93 million for the same period in 2010, as the company recognized a $28 million pre-tax charge on the CH-53K program and realized higher
Vueling reported a net loss of EUR 23 million in the first quarter of 2011. The result this quarter has been affected by a 41% rise in the price of fuel. Vueling achieved EUR 127 million turnover in the months from January to March 2011. The number of flights operated fell by 5% as the
The Lufthansa Group closed the first quarter of 2011 with revenues of EUR 6.4 billion (previous year: EUR 5.8 billion) and an improvement of EUR 103 million in the operating result to EUR -227 million. Net loss for the period was greater than that of last year, solely as a result of measurement effects under
Norwegian reported that high oil prices contributed to the net result after tax of MNOK -293 for the first quarter 2011. The company transported 3.1 million passengers, 14% more than the same quarter last year and the turnover was NOK 1.9 billion, an increase of 19%. Production increased by 28%.
Vueling reported a net loss of EUR 23 million in the first quarter of 2011. The result this quarter has been affected by a 41% rise in the price of fuel. Vueling achieved EUR 127 million turnover in the months from January to March 2011. The number of flights operated fell by 5% as the
The Lufthansa Group closed the first quarter of 2011 with revenues of EUR 6.4 billion (previous year: EUR 5.8 billion) and an improvement of EUR 103 million in the operating result to EUR -227 million. Net loss for the period was greater than that of last year, solely as a result of measurement effects under
Norwegian reported that high oil prices contributed to the net result after tax of MNOK -293 for the first quarter 2011. The company transported 3.1 million passengers, 14% more than the same quarter last year and the turnover was NOK 1.9 billion, an increase of 19%. Production increased by 28%.
Air Transport Services Group, a leading provider of aircraft leasing and air cargo transportation and related services to domestic and foreign air carriers, has obtained a commitment for a new secured $325 million credit facility with a consortium of banks led by SunTrust, and provided an outlook for its anticipated results for the quarter ended
