Astronics Corporation, a leader in advanced, high performance lighting, electrical power and automated test systems for the global aerospace and defense industries, reported sales of $47.0 million in the second quarter of 2009, which ended July 4, 2009, down 1.8% compared with sales of $47.9 million in the second quarter of 2008. Results for the
British Airways presented its interim management statement for the three months ended June 30, 2009. Ba reported an operating loss of
Boeing reported the completion of the acquisition of the business and operations conducted by Vought Aircraft Industries at its South Carolina facility, where a key structure for the 787 Dreamliner is built. The acquisition agreement was announced originally on July 7. The newly acquired facility, located in North Charleston, will be called Boeing Charleston. Boeing
The Goodyear Tire & Rubber Company reported second quarter 2009 financial results and updated its progress on actions taken to address market and economic challenges around the world. The second quarter 2009 Goodyear net loss was $221 million (92 cents per share), compared with net income of $75 million (31 cents per share) in 2008’s
On July 29, 2009, Air Canada entered into a financing agreement with GE Canada Finance Holding Company, Export Development Canada, Aeroplan Canada and ACE Aviation Holdings as lenders. GE Finance is acting as Administrative Agent and GE Capital Markets Inc. and GE Capital Markets (Canada) Ltd. are acting as arrangers. The secured financing extends a
Genesis Lease Limited announced its financial results for the second quarter ended June 30, 2009. Rental revenues were $51.1 million compared to $52.0 million for the same period in 2008, a decrease of 1.9%, net income was $4.8 million compared to $9.0 million for the same period last year, a decrease of 47.0%. For the
For the month of June, Frontier reported an operating profit of $14.2 million compared to an operating loss of $3.2 million for the same period last year, and net income of $7.2 million compared to a net loss of $8.8 million for June 2008. Excluding special items, the Company would have reported an operating profit
LAN reported net income of US$4.2 million for the second quarter 2009. This represents a 93.0% decrease compared to net income of US$60.5 million in the second quarter 2008. These results were impacted by a US$52.6 million fuel hedging loss recognized during the quarter, while results for the second quarter of 2008 included a fuel
B/E Aerospace reported that revenues for the second quarter declined by $204.8 million as compared with proforma revenues of $679.6 million in the second quarter of the prior year. The $204.8 million decrease in consolidated revenues was the result of an $84.4 million decrease in revenues at the consumables management segment, a $102.3 million decrease
EADS reported that its half-year 2009 results demonstrate that the Group is still performing well across its businesses. EADS continues to actively monitor its customer base and its order book of more than EUR 390 billion. The order intake of EUR 17.2 billion reflects the slowdown in the commercial sector. Revenues stood at EUR 20.2
