Financial

Rolls Royce Group reported that order book increased by

ACE Aviation Holdings announced that its Board of Directors has authorized a substantial issuer bid (the Preferred Share Offer) to indirectly purchase for cancellation all of its outstanding Preferred Shares at a purchase price of Cdn$20.00 in cash per Preferred Share. The Preferred Share Offer, made on the same terms and conditions as the previous

WestJet announced fourth quarter and year-end financial results for 2008. The airline reported fourth quarter net earnings of $40.8 million and full-year net earnings of $178.1 million. WestJet reported a fourth quarter earnings before tax (EBT) margin of 9.5%. For the full-year 2008, the airline had an EBT margin of 10.0% and an operating margin

Ladish reported 2008 net income was $32.2 million on sales of $469.5 million. During the fourth quarter of 2008 the Company had diluted earnings per share of $0.60 in comparison to $0.64 in the fourth quarter of 2007.

During the fourth quarter, Volvo Aero

Discovery Air completed its $34 million financing arrangement with the Northwest Territories Opportunities Fund, as previously announced on January 19, 2009. Discovery Air also has received an extension of the expiry date of its $7.5 million operating line of credit to April 30, 2009. Discovery Air’s Class A common shares trade on the Toronto Stock

Qantas announced a profit before tax of $288 million for the half-year to 31 December 2008, a 68.2% decrease on the prior comparative period and reaffirmed its full year profit before tax (PBT) outlook of around $500 million for the 12 months to 30 June 2009. The Chairman of Qantas, Mr Leigh Clifford, said that

Based on initial projections, the Lufthansa Group now expects an operating result of around EUR 1.3 billion for the business year 2008. Previously, a result of around EUR 1.1 billion was forecasted. The increase is substantially attributable to a more stable result development in the fourth quarter than was previously expected. Lower revenues associated with

Ryanair announced a Q3 loss of EUR 102 million, (compared to a profit of EUR 35 million in last year

B/E Aerospace announced fourth quarter and full year 2008 financial results. B/E reported 2008 net sales of $2.1 billion increased 25.8% as compared with 2007, operating earnings of $353.8 million increased $106.8 million, or 43.2%, as compared with 2007 and net earnings of $200.6 million and record net earnings per diluted share of $2.12. Fourth