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Financial

Vueling obtains net profit of EUR 46 million

Vueling obtained a net profit of EUR 45.99 million in financial year 2010. This amounts to a 66% increase on the results of the previous year (EUR +27.78 million ). The net margin stood at 5.7%, an increase of 1.1 points over that of 2009 (4.6%). During the fourth quarter of the year, Vueling reduced

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Qantas releases profit result for half-year ended 31 December 2010

Quantas released that total revenue for the half-year increased 10% from $6,909 million to $7,591 million. Qantas reported an Underlying Profit Before Tax (Underlying PBT) of $417 million for the half-year ended 31 December 2010, an increase of 56 % on the prior corresponding period of $267 million. Average yields, excluding foreign exchange (FX) movements,

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Goodrich to increase common stock repurchase plan by $500 million

The Board of Directors of Goodrich Corporation approved an increase to the company’s existing Share Repurchase Plan to authorize the repurchase of up to an additional $500 million of the company’s common stock, bringing the total authorization to $1.1 billion. The company has repurchased 8.9 million shares for a total of $537 million, from November

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Atlas Air Worldwide Holdings reports full-year net income of $141.8 million

Atlas Air Worldwide Holdings announced significantly higher fourth-quarter and record full-year 2010 earnings. Adjusted net income in the fourth quarter jumped 23% to $41.4 million completing a year in which adjusted net earnings soared 102% to a record $150.0 million. On a reported basis, fourth-quarter net income rose 47% to $41.6 million. Full-year reported net

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WestJet reports fourth quarter net earnings of $47.9 million

WestJet reported fourth quarter net earnings of $47.9 million, excluding special items, this represents record fourth quarter net earnings and an increase of 217% compared to the fourth quarter of 2009. WestJet reported full-year net earnings of $136.7 million compared to $98.2 million in 2009 an improvement of 39.3%

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Air France KLM's 3rd quarter revenues up 13.9%

Air France KLM released that revenues for the third quarter 2010-11 improved 13.9% to 5.92 billion Euros, operating result was 81 million Euros, an improvement of 326 million Euros year-on-year. Air France KLM reported free cash flow of 72 million Euros. For the nine months to December 31. 2010 revenues increased 14.5% to 18.29 billion

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Astronics Corporation reports 14% increase in fourth quarter 2010 sales

Astronics Corporation reported financial results for the fourth quarter and year ended December 31, 2010. Sales in the fourth quarter of 2010 were up 13.7% from the prior year’s fourth quarter. Aerospace sales, which represented 90% of consolidated sales in the fourth quarter, increased 27.8% to $46.8 million in the quarter. Earnings per diluted share

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