Delta’s net loss for the December 2008 quarter was $340 million, excluding special items and the impact of out-of-period fuel hedges. Delta’s reported net loss for the December 2008 quarter was $1.4 billion, including an over $900 million charge related to broad-based employee equity awards, and a $91 million loss on out-of-period fuel hedges. Delta’s
BA released that further economic weakness in January and the outlook for February and March combined with the fall in sterling, are impacting the outlook for the year ended 31 March 2009. Revenue guidance for the year remains unchanged as being up at least 4% year on year with yields benefiting from exchange more than
ACG completed 49 lease and sale transactions during the year. In the fourth quarter ACG announced 13 transactions: four purchases, four new leases, three extensions, and two aircraft sales. Aircraft were Boeing 737s, 767s, MD-83s managed for a third party, and the Airbus A320 family. The fourth quarter also was marked by the delivery of
ATR announced a record turnover of $1.3 billion for 2008. Such result continues the strong growth of ATR since the recovery of the turboprop market in 2005, and represents an increase of around 140% in the last three years. ATR booked orders for 42 new aircraft and options for 14 aircraft in 2008. 23 of
GE announced fourth-quarter 2008 earnings from continuing operations of $3.9 billion. Results included $1.5 billion of after-tax restructuring and other charges, including increased reserves in current environment, which are above the Company
EasyJet released that total revenue grew by 32% to
LAN CARGO announced that it has reached a plea agreement with the Department of Justice of the United States (
Lockheed Martin Corporation reported fourth quarter 2008 net earnings of $823 million, compared to $799 million in 2007. Net sales were $11.1 billion, compared to fourth quarter 2007 sales of $10.8 billion. Cash from operations for the fourth quarter of 2008 was $997 million, compared to $425 million in 2007. For the year ended December
Southwest Airlines reported a fourth quarter 2008 net loss of $56 million compared to net income of $111 million for fourth quarter 2007. Excluding these special charges and other items, fourth quarter 2008 net income was $61 million compared to $87 million in fourth quarter 2007.
UAL Corporation reported results for the fourth quarter ended Dec. 31, 2008. The company reported a pre-tax loss, excluding non-cash, net mark-to- market hedge losses and certain accounting charges, of $547 million for the quarter. This compared to an adjusted pre-tax loss of $105 million in the fourth quarter of 2007, as the recent fall
