ExpressJet Holdings reported a first quarter loss of $31.3 million. Excluding an impairment charge relating to investments in auction rate securities held by the company, ExpressJet reported a first quarter loss of $22.6 million. In the first quarter, ExpressJet operated 215 aircraft under capacity purchase agreements with Continental Airlines and Delta Air Lines and generated
JAL Group reported a revision of its consolidated financial forecast for FY2007, the year ended March 31, 2008, reflecting the trends of recent performance. The revised forecast supersedes the Group
Hawaiian Holdings, parent company of Hawaiian Airlines, reported a consolidated net loss for the three months ended March 31, 2008, of $19.9 million on total operating revenue of $251.2 million. This result compares to a net loss of $11.9 million for the three months ended March 31, 2007. The Company reported a loss before taxes
Astronics Corporation reported sales of $41.1 million in the first quarter of 2008, which ended March 29, 2008, a 4.2% decrease compared with revenue of $42.9 million in the first quarter of 2007. Net income in the first quarter of 2008 was $2.6 million compared with $4.7 million in the same period the prior year.
Silverjet, the British exclusively business class airline, announces an update on its working capital position and that it has entered into a memorandum of understanding with a UAE based investor (the “Investor”). Following recent material increases in fuel prices and tightening of credit conditions in the airline industry, Silverjet’s working capital has deteriorated and its
LAN Airlines S.A. reported its consolidated financial results for the first quarter ended March 31, 2008.
ANA Group posted a record net income of 64.1 billion yen, a 96% year-on-year increase, in the wake of the sale of its hotel assets on June 1 of the period under review. Despite the loss of revenue from the hotels, consolidated revenue for the twelve months remained practically unchanged at 1.48 trillion yen, thanks
For the quarter ended March 31, 2008, rental revenues were $54.1 million, compared to $40.5 million for the same period in 2007, an increase of 33.6%. The increase in rental revenues was primarily the result of the acquisition of an additional 12 aircraft in 2007, whereby Genesis increased its portfolio from 41 aircraft on January
Finnair’s turnover grew in the first quarter by 9% to 577 million euros. The operational result strengthened to 11 million from nearly 6 million euros the previous year. “Following last year’s good profit development, we have entered this year in a good position. Finnair’s balance sheet position is strong and our business is fundamentally in
WestJet announced record first quarter net earnings of $52.5 million, a 75.9% increase over the $29.9 million in the first quarter of 2007. The airline’s diluted earnings per share (EPS) for the first quarter was 40 cents compared to 23 cents in the same period last year, an increase of 73.9%. First quarter revenue was
