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Financial

Eurocopter to acquire Vector Aerospace Corporation

Eurocopter Holding, a subsidiary of EADS and Vector Aerospace Corporation, a Canadian company listed on the Toronto Stock Exchange, have entered into a Support Agreement pursuant to which Eurocopter Holding will acquire all of the issued and outstanding common shares of Vector Aerospace by way of a take-over bid for consideration of C$13 in cash

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Eurocopter to acquire Vector Aerospace Corporation

Eurocopter Holding, a subsidiary of EADS and Vector Aerospace Corporation, a Canadian company listed on the Toronto Stock Exchange, have entered into a Support Agreement pursuant to which Eurocopter Holding will acquire all of the issued and outstanding common shares of Vector Aerospace by way of a take-over bid for consideration of C$13 in cash

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Embraer releases 4th quarter and fiscal year 2010 results

Embraer reported that it met or surpassed all of its 2010 annual guidance and projections, including aircraft deliveries, net revenues and operating margin. During the 4th quarter of 2010, Embraer delivered 31 commercial and 61 executive aircraft and ended the year with total deliveries of 101 commercial and 145 executive aircraft (126 light jets and

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Embraer releases 4th quarter and fiscal year 2010 results

Embraer reported that it met or surpassed all of its 2010 annual guidance and projections, including aircraft deliveries, net revenues and operating margin. During the 4th quarter of 2010, Embraer delivered 31 commercial and 61 executive aircraft and ended the year with total deliveries of 101 commercial and 145 executive aircraft (126 light jets and

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Israel Aerospace Industries

Israel Aerospace Industries reported that sales for the fourth quarter of 2010 reached $ 849 million, compared to $ 761 million in the same period in 2009, an increase of 12%. Export sales reached $ 671 million, a growth of 15% compared to the fourth quarter of 2009. Sales to the defense market in the

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Lufthansa Technik increases 2010 revenues, but reports lower result

Toward the end of the first year after the economic and financial crisis, Lufthansa Technik Group was able to profit increasingly from the recovery of the maintenance, repair & overhaul (MRO) market, and boosted its revenues by a total of 1.4%. As expected, however, the operating result could not be held at the high level

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Israel Aerospace Industries

Israel Aerospace Industries reported that sales for the fourth quarter of 2010 reached $ 849 million, compared to $ 761 million in the same period in 2009, an increase of 12%. Export sales reached $ 671 million, a growth of 15% compared to the fourth quarter of 2009. Sales to the defense market in the

Read More »

Lufthansa Technik increases 2010 revenues, but reports lower result

Toward the end of the first year after the economic and financial crisis, Lufthansa Technik Group was able to profit increasingly from the recovery of the maintenance, repair & overhaul (MRO) market, and boosted its revenues by a total of 1.4%. As expected, however, the operating result could not be held at the high level

Read More »
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