Financial
LAN Airlines reports net income of $100.8 million for 4Q07
LAN Airlines S.A. reported its consolidated financial results for the fourth quarter and full year ended December 31, 2007. LAN reported net income of (US)$100.8 million for the fourth quarter of 2007, a 7.7% increase compared to net income of $93.6 million in the fourth quarter of 2006. Net income for full year 2007 reached
Northwest Airlines reports fourth quarter net loss of $8 million
Northwest Airlines reported a 2007 pre-tax profit of $764 million before reorganization items, a 154 percent improvement over its 2006 pre-tax income of $301 million before reorganization items. For the fourth quarter 2007, Northwest reported a net loss of $8 million. Results for the fourth quarter include a $14 million pre-tax loss associated with the
JetBlue announces 2007 annual profit
JetBlue Airways Corporation reported its results for the fourth quarter and full year 2007. Net loss for the quarter was $4 million com-pared with fourth quarter 2006 net income of $17 million. For the full year 2007, net income totaled $18 million compared with a net loss of $1 million for the full year 2006.
AirTran Holdings reports 2007 net profit of $52.7 million
AirTran Holding reported net income of $52.7 million for the full year 2007 and for the fourth quarter AirTran reported a net loss of $2.2 million. For the full year and fourth quarter of 2006, AirTran reported net income of $14.7 million and a $3.6 million loss respectively.
Frontier's loss widens in 3rd quarter; to sell 4 Airbus aicraft
Frontier Airlines Holdings reported a consolidated net loss of $32.5 million for the Company’s third fiscal quarter ended December 31, 2007 compared to a consolidated net loss of $14.4 million for the same period last year. Included in the consolidated net loss for the quarter ended December 31, 2007 was a non-cash mark to market
Cessna delivered record 387 business jets in 2007
Cessna Aircraft Company delivered 1,274 aircraft in 2007 – including first deliveries of four models: the newly acquired (from Columbia Aircraft) Cessna 350 and 400 single-engine pistons, the all-new Citation Mustang entry level jet and the upgraded Citation Encore+ business jet. During the year, Cessna delivered 387 business jets, 80 turboprops and 807 piston aircraft.
Lockheed Martin announces 2007 fourth quarter and year-end results
Lockheed Martin Corporation reported fourth quarter 2007 net earnings of $799 million, compared to $729 million in 2006. Net sales were $10.8 billion in both the fourth quarter of 2007 and 2006. Cash from operations for the fourth quarter of 2007 was $420 million, compared to $333 million in 2006. Net earnings for the year
US Airways reports annual profit of $427 million
US Airways Group reported its fourth quarter and 2007 results. Net loss for the fourth quarter was $79 million, compared to a net profit of $12 million for the same period last year. Excluding net special items of $37 million, the Company reported a net loss of $42 million for its fourth quarter 2007. For
Alaska Air Group reports full year net income of $125 million
Alaska Air Group reported full year net income of $125.0 million compared to a net loss of $52.6 million in 2006. The company reported fourth quarter net income of $7.4 million compared to a net loss of $11.6 million in 2006.
