Financial

MTU Aero Engines Holding AG has fully met its business forecasts for the financial year 2009. This was announced at the company

AerCap Holdings N.V. announced the results of its operations for the fourth quarter and full year ended December 31, 2009. Fourth quarter 2009 net income was $43.2 million, compared to a net loss of $19.0 million for the same period in 2008. Fourth quarter 2009 net income excluding the impact of the mark-to-market of interest

International Lease Finance Corporation (ILFC), a wholly-owned subsidiary of American International Group, announced that it intends to raise a new senior secured term loan of up to $750 million. ILFC plans to use proceeds of the new term loan to repay a portion of the Company

ExpressJet Airlines, reported fourth quarter net income of $30.2 million. These results reflect a one-time income tax benefit of $47.6 million, including a $17.1 million cash receivable associated with recent tax legislation, and an approximate $30 million non-cash adjustment of deferred tax assets. For the full-year, ExpressJet reported a net loss of $3.3 million. Excluding

Pinnacle Airlines reported fourth quarter 2009 net income of $5.6 million. This represents an increase of 153% and 158% over net income and EPS recorded in the fourth quarter of 2008 of $2.2 million, respectively, excluding special charges. The Company reported consolidated operating income of $17.8 million in the fourth quarter of 2009, an increase

Air Berlin PLC announces an increase of its participation in NIKI Luftfahrt GmbH. The contracts were notarized on 17 February 2010. Air Berlin PLC and its subsidiary Air Berlin PLC & Co. Luftverkehrs KG have contractually agreed with the Privatstiftung Lauda (private Lauda foundation) that Air Berlin PLC & Co. Luftverkehrs KG will indirectly acquire

WestJet announced its fourth quarter and full-year results for 2009. The airline reported fourth quarter net earnings of $20.2 million and full-year net earnings of $98.2 million. The airline’s results were impacted by a non-recurring net future income tax reduction during 2009. Excluding this gain, WestJet reported adjusted fourth quarter net earnings of $15.1 million

Pinnacle Airlines Corp. announced that substantially all of the holders of its remaining $31 million par amount of 3.25% Senior Convertible Notes due 2025 elected to require the Company to repurchase the Notes at the par amount plus accrued interest. Holders of the Notes had an option to require the Company to purchase the Notes

Air France-KLM Group recorded a 3rd quarter operating loss of 245 million euros (243 million euros in 2008) despite a 16% drop in revenues to 5.2 billion euros. In contrast to previous quarters, the negative impact of the pre-2009 fuel hedges was small, at 34 million euros. The net loss, group share, amounted to 295

Norwegian reported the best annual result in the company