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Financial

Goodrich announces 13% increase in sales and 59% increase in net income

Goodrich announced results for the first quarter, and increased its outlook for full year 2008 sales and earnings per diluted share. Goodrich reported first quarter 2008 net income of $158 million, on sales of $1,745 million, and income from continuing operations of $154 million. In the first quarter 2007, the company reported net income of

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Lufthansa increases operating result for first quarter 2008

In the first quarter 2008 Lufthansa Group generated revenue of EUR 5.6 billion (previous year: EUR 4.7billion) and increased its operating result by EUR 152 million to EUR 188 million. It reflects the positive development of earnings performance in all business segments and includes a contribution to operating result of EUR 52 million from SWISS,

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Delta Air Lines reports first quarter net loss of $274 million

Delta Air Lines reported results for the quarter ended March 31, 2008. Delta reported a net loss of $274 million in the first quarter of 2008 compared to a net loss of $6 million in the first quarter of 2007, excluding special and reorganization items. The $268 million year over year increase in net loss

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Boeing reports double-digit first-quarter earnings growth

The Boeing Company’s first-quarter 2008 earnings per share increased 43% as net income rose 38% to $1.2 billion and operating margin rose to 11.3%, driven by solid overall execution in both its commercial airplane and defense businesses as well as lower unallocated costs. Boeing’s quarterly revenue rose 4% to $16.0 billion while its operating cash

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Lockheed Martin announces first quarter 2008 results

Lockheed Martin Corporation reported first quarter 2008 net earnings of $730 million compared to $690 million in 2007. Net sales were $10.0 billion, an 8% increase over first quarter 2007 sales of $9.3 billion. Cash from operations for the first quarter of 2008 was $882 million, compared to $1.5 billion in 2007.

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Airbus increases aircraft list prices

Airbus announced a general price increase for its aircraft. On top of the 2.74% normal escalation for the year 2007, the price increase comprises an additional two million US Dollars per single-aisle aircraft and four million US Dollars per wide-body long range and A380 Family aircraft. The new pricing will apply as of 1st May

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Woodward reports second fiscal quarter and six months results

Net sales for the quarter were $305.8 million, up 19% from $256.3 million for the second quarter of the prior year. Net earnings for the quarter were $29.7 million compared with $20.3 million in the previous year’s second quarter. Net sales for the first half were $577.8 million, up 20% from $482.5 million for the

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AirTran Holdings reports first quarter net loss of $34.8 million

AirTran Holdings reported a net loss of $34.8 million for the first quarter. During the same quarter in 2007, AirTran reported net income of $2.2 million. AirTran revenues remain very strong, despite generally negative economic news in the U.S. Revenues for the first quarter grew 18.3% to $596.4 million, an all-time quarterly record, and passenger

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