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Financial

AeroCentury reports fourth quarter 2010 net loss of $1 million

AeroCentury, an independent aircraft leasing company, reported its operating results for the fourth quarter and the year ended December 31, 2010. For the fourth quarter ended December 31, 2010, the Company reported total revenues of $5.9 million compared with total revenues of $8.6 million for the same period a year ago. For the year ended

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AeroCentury reports fourth quarter 2010 net loss of $1 million

AeroCentury, an independent aircraft leasing company, reported its operating results for the fourth quarter and the year ended December 31, 2010. For the fourth quarter ended December 31, 2010, the Company reported total revenues of $5.9 million compared with total revenues of $8.6 million for the same period a year ago. For the year ended

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AAR reports third quarter fiscal year 2011 results

AAR reported third quarter fiscal year 2011 consolidated sales of $451.0 million and income from continuing operations of $18.3 million. For the third quarter of the prior fiscal year, the Company reported sales of $300.8 million and income from continuing operations of $10.5 million. Prior year third quarter results included a $0.10 per diluted share

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Lufthansa generates net profit of EUR 1.1 billion in 2010

The Lufthansa Group closed the 2010 financial year with revenue of EUR 27.3 billion (previous year: EUR 22.3 billion) according to preliminary figures. Despite adverse one-off factors the operating profit came to EUR 876 million (previous year: EUR 130 million). Net profit attributable to shareholders of Deutsche Lufthansa AG amounted to EUR 1.1 billion (previous

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TAP S.A. achieves best ever result

In 2010 TAP S.A. achieved profits of EUR 62.3 million, a rise of 8.7% in relation to the previous year, enabling the company to return to a positive liquidity position which had ceased to exist in 2008. The company ended the 2010 financial year with a positive liquidity position of EUR 52 million. Cargo volume

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Willis Lease Finance reports 4th quarter net income of $4.0 million

Willis Lease Finance Corporation reported improving utilization and strengthening demand for leased engines boosted fourth quarter profits. Net income increased to $4.0 million in the fourth quarter of 2010, compared to $3.1 million in the third quarter and $1.0 million in the fourth quarter a year ago. The lease portfolio increased 2% year-over-year to $998.0

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