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Financial

Hawker Beechcraft Acquisition Company reports second quarter results

Hawker Beechcraft Acquisition Company reported net sales for the three months ending June 29, 2008 were $1,028.7 million. During the quarter, the Company delivered 129 business and general aviation aircraft consisting of 50 jet, 50 turbo-prop and 29 piston aircraft. On June 18, 2008, HBAC delivered the first Hawker 4000, its flagship aircraft; a super-midsize

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Embraer Q2 net profit more than doubles

Embraer recorded second quarter 2008 (2Q08) net sales of $1,635.0 million and net income of $134.4 million, equivalent to diluted earnings per ADS of $0.7427. Embraer added new customers to its firm order backlog in the second quarter of 2008 such as ETA Star Group, from Dubai and TRIP Linhas A

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Astronics Corporation reports 15.8% increase in sales

Astronics Corporation reported sales of $47.9 million in the second quarter of 2008, which ended June 28, 2008, a 15.8% increase compared with sales of $41.4 million in the second quarter of 2007. Net income grew 13.3% to $5.1 million compared with $4.5 million in the same period the prior year.

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EADS H1 2008 results reflect continuing strong underlying performance

EADS continued its robust underlying performance in the first half of 2008 and achieved significant efficiency improvements across all Divisions despite programme challenges the Group is still facing. Within an uncertain macro-economic environment EADS registered a remarkable order intake reflecting the quality of its commercial and defence product portfolio. The Group confirms its full-year 2008

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SAFRAN releases its first-half 2008 results

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

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Hawaiian Holdings reports second quarter net income of $54.3 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,

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Genesis Lease Limited announces second quarter 2008 results

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

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Spirit AeroSystems raises full-year 2008 EPS guidance

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

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