Boeing reached tentative agreement with the Society of Professional Engineering Employees in Aerospace (SPEEA) on a new three-year contract offer covering nearly 18,000 engineering and technical employees in Washington and Oregon. SPEEA is recommending employees ratify the contract.
ATA Holdings Corp. filed with the U.S. Bankruptcy Court a motion to approve an agreement in principle with private equity fund MatlinPatterson Global Opportunities Partners II for debtor-in-possession (
Embraer recorded in the third quarter of 2005 net sales of $1,064 million and net income of $110.2 million. At the end of the quarter, the firm order backlog totaled $10.4 billion. This quarter, the Company generated positive net cash provided by operating activities of $379 million, a reflection of lower inventory and accounts receivable
Norwegian Air Shuttle reported a 78% increase in revenues to MNOK 590 for the thrid quarter. Earnings after tax were MNOK 43,8 in the third quarter, compared to MNOK -11,2 last year.
In the first nine months of the year, the Lufthansa Group generated revenue of 13.3 billion euros, which is 4.3 per cent more than at the same stage in 2004. The operating result increased by 220 million to 471 million euros. Profit after tax rose to 416 million euros, which is a year-on-year improvement of
Hawaiian Holdings, Inc. reported consolidated net income for the three months ended September 30, 2005 of $7.8 million, on total operating revenue of $224.1 million. Hawaiian emerged from bankruptcy on June 2, 2005.
Delta reported a net loss for the September 2005 quarter of $1.1 billion, compared to a net loss of $646 million in the prior year quarter. Excluding the reorganization and special items described below, the September 2005 quarter net loss was $438 million, compared to a net loss of $592 million in the prior year
the new US Airways Group reported a third quarter 2005 net loss of $87 million, compared to a net loss of $29 million for the same period last year. The Company’s third quarter 2005 results include a number of special charges primarily due to merger-related aircraft transactions. Excluding special items, the Company reported third quarter
EADS deliver strong operational and financial performance. EADS achieved an EBIT* of
The SAS Group reported a net income of MSEK 529 (1994 = MSEK 133) for the third quarter and MSEK 57 (1994 = MSEK -1,094) for the nine-month period ending September 2005. The new business model in Europe and within Scandinavia, with one-way fares and simplified rules increased both the number of sold tickets and
