GOL Linhas Aereas Inteligentes S.A. announces that, in accordance with Instruction n 358/02 of the Brazilian Securities Commission, as amended, its Board of Directors at a meeting held on March 20, 2009, approved a capital increase of the Company in the amount of R$203,531,031.60 and the issuance of 26,093,722 shares, comprising 6,606,366 common shares and
Teleflex Incorporated (
MTU Aero Engines Holding AG has fully met and even exceeded its forecasts for the financial year 2008. This was announced at the company
ACE Aviation Holdings (ACE) announced the final results of its previously announced offer (the Offer) to indirectly purchase for cancellation all of its outstanding preferred shares, which Offer was launched on February 11, 2009 and expired at 5:00 p.m. (Montreal time) on March 19, 2009. Based on final reports from CIBC Mellon Trust Company, the
FedEx Corp. reported consolidated revenue of $8.14 billion, down 14% from $9.44 billion the previous year, operating income of $182 million, down 72% from $641 million a year ago, operating margin of 2.2%, down from 6.8% the previous year and a net income of $97 million, down 75% from last year
AAR reported net income of $20.0 million for the third quarter ended February 28, 2009. Year over year, sales declined from $376.6 million to $338.8 million due mainly to lower sales in the Aircraft Sales and Leasing segment. Excluding Aircraft Sales and Leasing, sales were essentially unchanged from last year.
Deutsche Lufthansa AG successfully concluded the placement of a five-year 850 Million Euro benchmark bond, herewith securing further long term financing. The 6.75% bond, which is due 24 March 2014, had a re-offer price of 99.555% to give a spread of mid swaps plus 410 basis points. The issue was fivefold over-subscribed. Joint Bookrunners were
Triumph Group reported the acquisition of Merritt Tool Company, a manufacturer of aircraft structural components specializing in complex precision machining primarily for commercial and military aerospace programs. The acquired business, which will operate as Triumph Structures-East Texas, Inc. and be part of Triumph Aerospace Systems Group, is expected to add approximately $30 million of revenue
Babcock & Brown Air Limited has agreed to repurchase $100 million principal amount of its securitization notes for $48 million in a privately negotiated transaction. The transaction will be funded from the Company’s available cash. B&B Air recently reported its 2008 financial results, which showed that in its first full year as a listed company
As announced by ExelTech Aerospace on February 19, 2009, it entered into discussions with the holders of convertible debentures which mature February 26, 2009 (the “Debentures”) and obtained the consent of a requisite number of holders to extend the maturity date of the Debentures for a period of three months, to May 29, 2009. The
