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Financial

ANA releases financial results for first nine months of FY09

ANA Group reported its consolidated financial results for the first nine months (April – December inclusive) of fiscal year 2009. ANA recorded a consolidated operating loss of JPY37.8 billion, a consolidated recurring loss of JPY57.6 billion, and a consolidated net loss of JPY35.1 billion.

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Honeywell reports 2009 full-year sales of $30.9 billion

Honeywell announced full-year 2009 sales of $30.9 billion vs. $36.6 billion in 2008. Earnings per share were $2.85 vs. $3.76 in the prior year. Free cash flow was $3.3 billion (cash flow from operations of $3.9 billion less capital expenditures). Free cash flow conversion (free cash flow divided by net income) was 155% of net

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Alaska Air Group reports fourth quarter and full-year results

Alaska Air Group reported fourth quarter 2009 net income of $24.1 million compared to a net loss of $75.2 million in the fourth quarter of 2008. Excluding mark-to-market fuel hedge gains of $31.7 million ($19.7 million after tax), the company reported net income of $4.4 million in the fourth quarter of 2009, compared to net

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Goodrich reports fourth quarter net income of $105 million

Goodrich reported fourth quarter 2009 net income of $105 million on sales of $1,642 million. In the fourth quarter 2008, the company reported net income of $169 million, on sales of $1,695 million. The $53 million decrease in sales includes a reduction of $41 million related to the impact of current economic conditions on the

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Boeing reports strong 2009 revenue

Boeing reported fourth-quarter net income of $1.3 billion as revenue rose 42% to $17.9 billion. Current period results reflect solid performance across core businesses and represent a significant improvement over the year-ago quarter, which included a labor strike and a charge on the 747 program. Boeing’s quarterly operating cash flow was $3.2 billion, which includes

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UAL Corporation reports fourth quarter 2009 results

UAL Corporation, the holding company whose primary subsidiary is United Airlines, reported results for the fourth quarter ended Dec. 31, 2009. The company reported a fourth quarter net loss of $176 million, excluding non-cash, net mark-to-market hedge gains and certain accounting charges, narrowing its net loss by $391 million compared to the fourth quarter of

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Delta Air Lines posts loss

Delta Air Lines reported financial results for the December quarter and full year 2009. Delta’s net loss excluding special items for the December 2009 quarter was $225 million. This result is $285 million better than the prior year quarter on a combined basis excluding special items. Delta’s net loss was $25 million for the December

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Airbus signs MOU on aircraft financing solutions with Chinese partner

Airbus signed a Memorandum of Understanding with the CDB Leasing Co., one of China’s leading leasing companies, on cooperation in aircraft financing and leasing. The MoU was signed by John Leahy, Airbus Chief Operating Officer Customers, and Wang Chong, President of CLC, in Toulouse, France. Airbus and CLC endeavour to share competence and experience to

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