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Financial

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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Goodrich ends full year 2010 with net income of $579 million

Goodrich reported fourth quarter net income of $148 million on sales of $1,806 million. In the fourth quarter 2009, the company reported net income of $105 million on sales of $1,642 million. For the full year of 2010, the company reported net income of $579 million on sales of $6,967 million, compared to the full

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