UAL reported fourth-quarter 2010 net income of $160 million excluding $485 million of special items consisting primarily of merger-related costs and other special charges, an improvement of $347 million compared to the pro forma results year-over-year. On a GAAP basis, UAL reported fourth-quarter net loss of $325 million. UAL reported pro forma full-year 2010 net
US Airways Group reported its fourth quarter and 2010 financial results. The Company reported a 2010 net profit of $447 million which excludes special items totaling a net credit of $55 million. This is the second highest profit in the Company
Jetscape Aviation Group reported the completion of the merger and restructuring transaction with M1 Commercial Jets, (
Avolon, the aircraft leasing group, reported an additional capital raising of $465 million, bringing the total value of funds raised since May 2010 to in excess of $2.5 billion. The capital raising is the third announced by Avolon in 8 months and consists of a fully underwritten long-term debt facility (including warehouse capacity) from a
Alaska Air Group reported record fourth quarter 2010 net income of $64.8 million compared to net income of $24.1 million in the fourth quarter of 2009. Excluding mark-to-market fuel hedge gains of $28.1 million ($17.4 million after tax), the company reported record net income of $47.4 million compared to net income of $4.4 million excluding
The SIAEC Group recorded a profit attributable to shareholders of the Company of $197.6 million for the nine months ended 31 December 2010, an increase of $35.4 million or 21.8%. Operating profit of $105.1 million was $35.9 million or 51.9% higher than the corresponding period last year. Revenue rose $101.1 million or 13.8% to $834.9
The U.S. Bankruptcy Court for the Southern District of New York approved Mesa Air Group
Since its formation less than a year ago Jackson Square Aviation (“JSA”), has built a portfolio of 48 aircraft, with a value of $2.2 billion. The company’s fleet consists of 48 narrowbody and widebodyaircraft which deliver through 2012, including 24 A320s, 21 B737-800s, 2 A330-300s and 1 B777-300ER. The average age of the fleet is
