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Erickson Air-Crane, Incorporated has signed a definitive purchase agreement to acquire Air Amazonia Serviços Aeronauticos Ltda. (“Air Amazonia”), the aviation services division of HRT Participações em Petróleo S.A., as well as a fleet of six aircraft and ground facilities. The Company expects the transaction to close in the third quarter, following the satisfaction of certain

Avolon, the international aircraft leasing group, issued a trading update for the first half of 2013. Avolon has now raised total capital of over $5.8bn with a committed fleet of 171 aircraft. Avolon extended and re-priced a $365m revolving warehouse facility and delivered 9 new aircraft valued at over $540m and completed the sale of

Rockwell Collins reported third quarter fiscal year 2013 earnings per share of $1.20, $0.06 higher than earnings per share of $1.14 in the same quarter last year. The 5% increase in earnings per share was due to improved operating performance and the benefit of share repurchases. Net income for the third quarter of 2013 was

Forward Air Corporation reported that operating revenue for the quarter ended June 30, 2013 increased 7.8% to $159.8m from $148.3 m for the same quarter in 2012. Income from operations was $22.5m, compared with $23.1m in the prior-year quarter. As a percent of operating revenue, income from operations was 14.1%, compared with 15.6% in the