Honeywell announced first quarter 2010 sales were up 3% to $7.8 billion versus $7.6 billion in 2009. Excluding non-cash pension expense, earnings were up 21%. Cash flow from operations was $743 million versus $341 million in the first quarter of 2009 and free cash flow (cash flow from operations less capital expenditures) was up 190%
For Volvo Aero, sales during the first quarter decreased by 6% to SEK 1,910 million, compared to SEK 2,030 M the same period a year ago, mainly due to currency effects. Adjusted for currency fluctuations, sales increased by 5%. Operating income amounted to SEK 152 million, higher than SEK 83 million in the corresponding period
BOC Aviation reported profit after tax for the financial year ended 31 December 2009 of $137 million, an increase of 28% over the previous record of $107 million achieved in 2008. Total assets as at 31 December 2009 were $5.8 billion, up by 61% compared to a year earlier.
Continental Airlines reported a first quarter 2010 net loss of $146 million. Excluding $10 million of severance and aircraft-related special charges, Continental recorded a first quarter net loss of $136 million. Total revenue for the first quarter of 2010 was $3.2 billion, an increase of 7.0% compared to the same period in 2009. Passenger revenue
Southwest reported first quarter 2010 net income of $11 million compared to a net loss of $91 million for first quarter 2009. First quarter 2010 results included special items of $13 million, related to non-cash, mark-to-market, and other items associated with a portion of the Company
Alaska Air Group reported net income excluding special items was $13.1 million compared to a net loss excluding special items of $25.4 million in the first quarter of 2009, despite a $27.1 million increase in economic fuel costs. This compares to a First Call mean estimate of $0.35 per share. This is only the third
Goodrich reported first quarter 2010 net income of $111 million on sales of $1,695 million. In the first quarter 2009, the company reported net income of $170 million on sales of $1,696 million. The company’s full year 2010 sales expectation of approximately $7.1 billion is unchanged from its prior outlook, and represents growth of about
Boeing reported first-quarter net income of $0.5 billion, or $0.70 per share, and revenue of $15.2 billion. Current period results reflect solid performance across core businesses and a previously disclosed $0.20 charge on health care legislation, while the year-ago quarter was reduced by $0.31 per share on a charge due to poor market conditions in
SR Technics has concluded a statutory consultation period with the representatives of its employees at the maintenance facility in London-Stansted. These discussions followed the announcement on January 13, 2010 of the Group
Aviation Capital Group issued $255 million in Unsecured Medium Term Notes. The notes were issued in three tranches of five-, seven-, and 10-year bullet maturities, with the majority of demand for the longer tranche. The issue, originally offered at $100 million, was oversubscribed three times. With this transaction, ACG has sourced approximately $2 billion of
