Rockwell Collins reported total sales for the fourth quarter of fiscal year 2014 of $1.4bn, a 15% increase from the same period in fiscal year 2013. Total segment operating margin for the fourth quarter was 21.3% and total segment operating earnings increased 10% to $299m. Adjusted for certain non-operating items impacting comparability, earnings per share
Boeing and Monarch Airlines finalized an order for 30 737 MAX 8s worth more than $3.2bn at current list prices. The order, originally announced at the Farnborough International Airshow in July when Monarch selected Boeing as its preferred bidder for fleet replacement, includes options for 15 additional 737 MAX 8s and marks the beginning of
SAS AB has sold its facility at the technical base at Oslo airport for MNOK 650 to Oslo Pensjonsforsikring, after having utilized an option to buy the facilities from APAB that has been the previous owner. The transaction does not generate a capital gain or liquidity for SAS, but it will reduce the yearly operating
Triumph Group reported net sales for second quarter fiscal year 2015 increased 3% to a record $994.1m, operating income for second quarter fiscal year 2015 was $114.7m and included $7.8m of costs related to the Jefferson Street/Red Oak facility transition. Excluding these costs, operating income was $122.5m, reflecting an operating margin of 12%. Net income
GKN Aerospace joins tier one industry partners Airbus, AgustaWestland, GE, Rolls-Royce, Cytec and Vestas to celebrate the official opening of the second phase of the UK’s highly successful National Composites Centre (NCC). Established just three years ago, the NCC is already at the heart of the UK’s fast-growing expertise in the design and rapid manufacture
SriLankan Airlines, the national carrier of Sri Lanka, has taken delivery of its first A330-300 becoming a new operator for the type. The wide-body aircraft arrived at Colombo International Airport, having flown from Toulouse, France, and joins the airlines’ existing fleet of A320, A321, A330-200 and A340-300 aircraft. SriLankan will take delivery of a further
Clearly Aeroflot have no intention of allowing political pressure from the EU to affect the company’s plans to add a new low-cost string to its bow, which it has today officially, and perhaps appropriately, named Probeda, which in Russian means ‘victory’. It was only back in August Aeroflot pulled the plug on their newly created
Lufthansa Group posts nine-month operating profit of €849m and confirms projected full-year operating profit of €1bn. The Lufthansa Group remains confident of achieving its profit targets for 2014 – despite experiencing a difficult third quarter, and despite strike action eroding €170m from its earnings results. The Group expects to post an operating profit of around
Triumph Aerostructures – Vought Aircraft Division, has been selected by Gulfstream Aerospace to build wing structural components for the G500/600 business jet. The contract is worth approximately $250.0m. Production of the structural components will be performed at the company’s facilities in Nashville, Tennessee and Los Angeles, California. In addition to the wing structural components, Triumph
Bombardier Aerospace’s revenues increased by 29% to reach $2.6bn for the three-month period ended September 30th, 2014, compared to $2.0bn for the same period last fiscal year. EBIT totalled $74m or 2.9% of revenues, for the third quarter, compared to $86m, or 4.3%, for the same period last fiscal year. EBIT before special items totalled
