SAFRAN released its results for the six months ended June 30, 2008. SAFRAN reported revenues of EURO 5,057 million, up 2.8% on first-half 2007, or 14.8% like-for-like (based on a constant group structure and exchange rates). Profit from operations was EURO 474 million. Profit from recurring operations totaled EURO 328 million (versus EURO 381 million
Hawaiian Holdings reported a consolidated net income for the three months ended June 30, 2008 of $54.3 million on total operating revenue of $319.2 million. This compares to a net loss of $3.9 million for the three months ended June 30, 2007. The 2008 net income includes a litigation settlement of $52.5 million before tax,
For the quarter ended June 30, 2008, Genesis Lease Limited reported net income was $9.0 million. During the quarter, two B737-700 aircraft in Genesis’s portfolio were returned from Aloha Airlines, as a result of the airline’s bankruptcy. The pre-tax impact of the early termination of the Aloha leases was $1.4 million, consisting of $2.5 million
Spirit AeroSystems Holdings reported second quarter 2008 financial results reflecting revenue and earnings growth across the company as ship set deliveries for large commercial aircraft increased and lower period expenses were realized. Spirit’s second quarter 2008 revenues increased to $1.1 billion, up 11% from the same period last year. Operating income increased 33%t to $136
ANA Group reported consolidated revenue of 345.5 billion yen and operating income of 14.6 billion yen for the first quarter of fiscal year 2008, ended June 30, a drop of 1.2% and increase of 10.5% respectively. Net income decreased 92.4% year-on-year to 6.6 billion yen, accounted for by an extraordinary gain on the sale of
In the first half-year 2008 the Lufthansa Group reported revenue of EUR 12.1 billion (previous year: EUR 10.1 billion) and increased the operating result by EUR 219 million to EUR 705 million. This reflects the altogether stable operating performance and an earnings contribution of EUR 157 million from the fully consolidated SWISS. Net profit for
WestJet announced second quarter net earnings of $30.2 million. This compared to $11.5 million reported in the second quarter of 2007. Year to date, net earnings in 2008 were $82.7 million compared to $41.4 million earned in the same six months of 2007.
B/E Aerospace second quarter operating earnings of $84.3 million increased by 41.7% as compared with the second quarter of the prior year. Second quarter operating margin of 16.1% expanded by 120 basis points compared to the second quarter of the prior year. second quarter net earnings of $53.9 million increased by 89.8% as compared with
B/E Aerospace has completed the previously announced acquisition of Honeywell
British Airways has completed its purchase of French airline L’Avion on July 25th. L’Avion will operate as a subsidiary of British Airways and will become fully integrated with OpenSkies by early 2009. British Airways purchased L’Avion at a cost of
