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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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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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Pilatus Aircraft reports successful year 2010

Pilatus Aircraft Ltd reported that the company generated its highest ever sales revenue and operating income in 2010 and delivered its 1000th PC-12 mid-year. Pilatus achieved the highest sales result yet of CHF 688 million which was driven by a large order placed by the United Arab Emirates Air Force & Air Defence and a

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Pilatus Aircraft reports successful year 2010

Pilatus Aircraft Ltd reported that the company generated its highest ever sales revenue and operating income in 2010 and delivered its 1000th PC-12 mid-year. Pilatus achieved the highest sales result yet of CHF 688 million which was driven by a large order placed by the United Arab Emirates Air Force & Air Defence and a

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