Bombardier reported its overall financial results for the fourth quarter and the year ended January 31, 2011. Revenues totalled $17.7 billion, compared to $19.4 billion last fiscal year. Earnings before financing income, financing expense and income taxes (EBIT) amounted to $1.1 billion, the same as last fiscal year. EBIT margin increased to 5.9% compared to
Goodrich Corporation has signed an agreement with SSCP Aero Holdings S.C.A., a company backed by the European private equity firm Stirling Square Capital Partners, to acquire 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. The transaction
Bombardier reported its overall financial results for the fourth quarter and the year ended January 31, 2011. Revenues totalled $17.7 billion, compared to $19.4 billion last fiscal year. Earnings before financing income, financing expense and income taxes (EBIT) amounted to $1.1 billion, the same as last fiscal year. EBIT margin increased to 5.9% compared to
Goodrich Corporation has signed an agreement with SSCP Aero Holdings S.C.A., a company backed by the European private equity firm Stirling Square Capital Partners, to acquire 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. The transaction
Volvo Aero is acquiring all Pratt & Whitney
International Lease Finance Corporation (ILFC) announced the commitment for $1.3 billion of a secured term loan with a group of 15 banks from Europe, Asia and North America. The company also has the right to upsize the transaction by $200 million in commitments from additional lenders. The facility, arranged by Citi and Credit Suisse as
Volvo Aero is acquiring all Pratt & Whitney
International Lease Finance Corporation (ILFC) announced the commitment for $1.3 billion of a secured term loan with a group of 15 banks from Europe, Asia and North America. The company also has the right to upsize the transaction by $200 million in commitments from additional lenders. The facility, arranged by Citi and Credit Suisse as
AVIO released that during the 2010 financial year, the Group recorded consolidated revenues of EURO 1,753 million, a growth of 3% at current exchange rates (substantially flat at constant exchange rates). Adjusted EBITDA rose to EURO 339.1 million, increasing by 9.1% against the EURO 310.6 million in 2009, corresponding to 19.3% of revenues (18.3% in
AVIO released that during the 2010 financial year, the Group recorded consolidated revenues of EURO 1,753 million, a growth of 3% at current exchange rates (substantially flat at constant exchange rates). Adjusted EBITDA rose to EURO 339.1 million, increasing by 9.1% against the EURO 310.6 million in 2009, corresponding to 19.3% of revenues (18.3% in
