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Financial

JetBlue posts net income of $3 million for first quarter

JetBlue Airways Corporation released its results for the first quarter 2011: operating income for the quarter was $45 million, resulting in a 4.4% operating margin, compared to operating income of $43 million and a 4.9% operating margin in the first quarter of 2010. JetBlue reported pre-tax income of $6 million in the first quarter, compared

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Southwest Airlines reports first quarter earnings

Southwest Airlines posted 1rst quarter 2011 net income of $5 million, compared to net income of $11 million for first quarter 2010. First quarter 2011 results included approximately $9 million in charges (net of profitsharing and taxes) primarily related to consulting fees in association with the Company

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UAL reports first quarter $136 million net loss excluding special charges

United Continental Holding announced first-quarter 2011 financial results. UAL results for the first quarter include the financial results of its two operating subsidiaries, United Airlines and Continental Airlines. Prior to the merger on Oct. 1, 2010, UAL results included only the financial results of United Airlines. Pro forma results that consolidate the financial results for

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Rockwell Collins

Rockwell Collins’ sales increased $81 million, or 7%, to $1.223 billion for its second quarter ended March 31, 2011 compared to sales of $1.142 billion for the same period a year ago. Total segment operating earnings increased 11% to $242 million, or 19.8% of sales, for the second quarter of 2011 compared to $219 million,

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AMR Corporation reports first quarter 2011 net loss of $436 million

AMR Corporation the parent company of American Airlines, reported a net loss of $436 million for the first quarter of 2011. The first quarter 2011 results include the impact of approximately $31 million in one-time non-cash charges related to certain sale/leaseback transactions. Excluding this special item, the Company incurred a loss of $405 million for

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AMR Corporation reports first quarter 2011 net loss of $436 million

AMR Corporation the parent company of American Airlines, reported a net loss of $436 million for the first quarter of 2011. The first quarter 2011 results include the impact of approximately $31 million in one-time non-cash charges related to certain sale/leaseback transactions. Excluding this special item, the Company incurred a loss of $405 million for

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airberlin bond offering closed ahead of schedule

One day after issuing a new 8.25% bond, Air Berlin PLC ended the subscription ahead of schedule. The subscription period ended April 12th and thus earlier than planned, as the subscriptions for the bonds already exceed the maximum principal amount of the bond issue of 150 million Euro. The subscription period for the bonds issued

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