Financial
SIA Engineering posts group profit of $236.1 million for full year 2009/10
SIA Engineering released that operating profit for the financial year 2009/10 was $2.2 million or 2.0% lower compared to last year. Share of profits from associated and joint venture companies declined $43.3 million or 25.0% to $129.7 million. This amounted to 49.4% of the Group
Alitalia's loss narrows in first quarter 2010
Alitalia reported that in the first quarter revenues increased to EUR 639 million compared to EUR 515 million for the first quarter of 2009 (relating to the period 13 January to 31 March). The operating result (EBIT) amounted to EUR -125 million, a significant improvement compared to the same quarter last year (EUR -210 million).
Emirates marks record profit increase in 2009-10
The 2009-10 annual report of the Emirates Group – comprising Emirates Airline, Dnata and their subsidiary companies
Iridium reports strong growth in commercial service revenue
Iridium Communications reported financial results for the quarter ended March 31, 2010. Total revenue increased 7.9% for the first quarter to $81.7 million compared to $75.8 million during the first quarter of 2009. Commercial service revenue increased 11.0% to $40.9 million in the first quarter compared to $36.8 million during the first quarter of 2009.
Willis Lease Finance reports first quarter net income of $3.1 million
Willis Lease Finance reported year-over-year growth in its lease portfolio offset lower overall portfolio utilization, contributing to profitability in the first quarter ended March 31, 2010. Net income totaled $3.1 million in the first quarter of 2010 compared to $7.0 million in the first quarter of 2009. After payment of preferred dividends, net income available
Lufthansa closes first quarter 2010 with operating loss of EUR 330 million
The Lufthansa Group closed the first quarter 2010 with revenue of EUR 5.8 billion (previous year: EUR 5.0 billion) and an operating loss of EUR 330 million (previous year: operating loss of EUR 44 million). The net loss for the period came to EUR 298 million (previous year: net loss of EUR 267million). The result
AerCap Holdings N.V. reports first quarter net income of $34.4 million
Air Cap released that first quarter 2010 net income was $34.4 million, compared with net income of $30.0 million for the same period in 2009. First quarter 2010 net income excluding the impact of the mark-to-market of interest rate caps and share-based compensation was $46.7 million, compared to net income of $31.5 million in the
Air Canada's operating loss narrows in first quarter 2010
Air Canada reported a reduced operating loss of $126 million in the first quarter of 2010 compared to the operating loss of $188 million in the first quarter of 2009, an improvement of $62 million. Air Canada’s operating revenues increased $128 million or 5 per cent from the same quarter in 2009. Earnings before interest,
Astronics Corporation reports first quarter 2010 results
Astronics Corporation reported financial results for the first quarter of 2010. Sales in the first quarter of 2010 were $46.9 million, down $3.1 million, or 6.2%, from the prior year period. The 2010 first quarter included sales for Astronics’ DME subsidiary for the entire period while the 2009 first quarter included DME sales for a
