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Financial

DVB Group posts solid start to 2009

DVB Group reported total income during the first quarter of 2009, of EUR 63.3 million (down 0.6%). New Transport Finance business totalled EUR 1.12 billion during the first quarter (Q1 2008: EUR1.17 billion), with 39 new transactions. The average interest margin on new business reached an all-time high of 344 basispoints (Q1 2008: 161 basispoints).

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AeroCentury reports first quarter 2009 results

AeroCentury, an independent aircraft leasing company, reported its preliminary, unaudited operating results for the first quarter ended March 31, 2009. For the quarter ended March 31, 2009, the Company reported total revenues of $8.0 million compared with total revenues of $7.8 million for the same period a year ago. The Company reported net income of

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Air Canada reports first quarter net loss of $400 million

Air Canada reported an operating loss of $188 million for the first quarter of 2009 compared to an operating loss (before a provision for cargo investigations and proceedings) of $12 million in the first quarter of 2008. A net loss of $400 million in the first quarter of 2009 included losses on foreign exchange of

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Vought reports first quarter 2009 financial results

Vought Aircraft Industries reported financial results for its first quarter ended March 29, 2009, with solid execution across all of its operations. Revenue of $402.6 million for the quarter was slightly lower than last year primarily driven by the transition from the Boeing 747-400 model to the new Boeing 747-8 model. Operating income and net

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AerCap Holdings N.V. reports first quarter 2009 financial results

AerCap Holdings N.V. released the results of its operations for the first quarter ended March 31, 2009. First quarter 2009 net income was $30.0 million, compared with net income of $50.9 million for the same period in 2008. First quarter 2009 net income excluding the impact of the mark-to-market of interest rate caps and share-based

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Copa Holdings reports net income of $71.6 million

Copa Holdings, S.A., parent company of Copa Airlines and Aero Republica, announced financial results for the first quarter of 2009. The following financial and operating information, unless otherwise indicated, is presented in accordance with U.S. GAAP. Unless otherwise stated, all comparisons with prior periods refer to the first quarter of 2008. Copa Holdings reported net

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Aircastle reports first quarter 2009 net income of $18.5 million

Aircastle Limited reported first quarter net income of $18.5 million and adjusted net income of $21.1 million. First quarter total revenues were $132.1 million, a decrease of $2.8 million from the first quarter 2008. Lease rental revenue was $126.0 million, down $5.0 million year over year due principally to $7.7 million of revenue downtime in

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