Alaska Air Group reported that net income for the second quarter, excluding special items, was $26.5 million compared to a net loss excluding special items of $14.1 million in the second quarter of 2008. This compares to a First Call mean estimate of $0.53 per share. Net income under Generally Accepted Accounting Principles (GAAP) of
UPS reported operating profit of $895 million on a 16.7% revenue decline for the second quarter ended June 30. Adjusted diluted earnings per share were $0.49 compared to $0.85 last year. The quarter
US Airways Group reported a net profit of $58 million, compares to a net loss of $568 million for the same period last year. Excluding special items, the Company reported a net loss of $95 million. This compares to a net loss excluding special items of $102 million for the same period last year.
Goodrich released that second quarter 2009 net income per diluted share of $1.40 decreased 3% compared to second quarter 2008 net income per diluted share of $1.45. Second quarter 2009 results include income from discontinued operations of approximately $0.25 per diluted share primarily related to resolution of a past environmental claim, part of which was
For the first six months of 2009, MTU Aero Engines Holding AG reports a 10% increase in revenues to EUR1,376.0 million (1-6/08: EUR1,256.1 million). Excluding the effect of the U.S. dollar exchange rate, revenues have remained almost stable (down 2%). New order intake increased by 17% to EUR1,304.9 million (1-6/08:
Avcorp Industries has closed a private placement of 16,157,465 common shares of Avcorp at a price of C$0.15 per share to Panta Holdings B.V. (“Panta”) for gross proceeds of C$2,423,620 (the “Private Placement”), pursuant to the terms of the amended and restated investment agreement dated July 13, 2009 (“Amended and Restated Investment Agreement”). The proceeds
The Boeing Company’s second-quarter earnings per share increased 22% to $1.41 per share, as revenues rose 1% to $17.2 billion, driven by growth in defense programs and strong performance in defense and commercial airplanes. Year-ago results included a $0.22 per share charge on the Airborne Early Warning & Control (AEW&C) program. Revenues for the first
Continental Airlines reported a second quarter 2009 net loss of $213 million. Excluding $44 million of previously announced special charges, Continental recorded a net loss of $169 million. Second quarter results were adversely affected by significant declines in high yield traffic as many business travelers curtailed travel or purchased lower yield economy tickets due to
Southwest Airlines reported its second quarter 2009 results. Net income for second quarter 2009 was $54 million, compared to $321 million for second quarter 2008. Excluding special items, second quarter 2009 net income was $59 million compared to $121 million for second quarter 2008.
UAL Corporation reported a second quarter net loss of $323 million excluding non-cash, net mark-to-market hedge gains and certain accounting charges. The company reported a GAAP net profit of $28 million including these items. UAL announced an additional international capacity reduction of 7% for the last four months of 2009.
