ANA Group, Japan’s largest airline group, reported its consolidated financial results for the first half (April – September) of fiscal year 2011. The Group achieved consolidated operating revenues of YEN704.8 billion in the six months, 3% up on the same period the previous year, Operating income at YEN50.1 billion was 11.8% lower while recurring profit was […]
ANA releases first half 2011 results Read More »
Goodrich reported third quarter 2011 net income of $201 million on sales of $2,033 million. In the third quarter 2010, the company reported net income of $160 million, on sales of $1,748 million. Segment operating income margin for the third quarter 2011 was 19.3%. Goodrich sales changes by market channel were as follows: – large
Goodrich reports 16% increase in sales Read More »
US Airways Group reported a net profit excluding special items for the third quarter 2011 of $95 million. This compares with the third quarter 2010 net profit excluding special items of $243 million. On a GAAP basis, the Company reported a net profit for the third quarter 2011 of $76 million compared with the third quarter
US Airways' net income down 68% in third quarter Read More »
JetBlue Airways has finalized its firm order for 40 A320neo (new engine option) aircraft previously announced at the Paris Air Show in June. The airline has not yet announced its engine selection for the A320neo order. With this contract, JetBlue also converts 30 of its pre-existing orders for A320s to the larger A321 model with
JetBlue signs firm order for 40 A320neo aircraft Read More »
Bombardier Aerospace released that a Chinese airline, which has requested to remain unidentified at the present time, has signed a conditional purchase agreement for six CRJ900 NextGen aircraft. The transaction, which is the first for CRJ900 aircraft in China, includes options on an additional five CRJ900 NextGen aircraft. Based on the list price for the CRJ900
Chinese Airline places conditional order for six Bombardier CRJ900 NextGen aircraft Read More »
Spirit Airlines released that net income for the third quarter was $28.6 million excluding $1.5 million ($0.9 million net of tax) of unrealized fuel hedge losses and special items. GAAP net income was $27.7 million. Operating income was $46.1 million, resulting in a 16.0% operating margin, excluding $1.5 million of unrealized fuel hedge losses and
Spirit Airlines posts $28.6 million net income for 3rd quarter Read More »
United Continental Holdings reported third-quarter 2011 net income of $773 million excluding $120 million of net special items consisting primarily of integration-related costs. On a GAAP basis, UAL reported third-quarter 2011 net income of $653 million. Total revenue was $10.2 billion, an increase of 8.7% compared to the pro forma results for the same period in 2010.
United Continental Holdings announces third-quarter 2011 profit Read More »
Avolon announces a US$300 million equity capital commitment from GIC, a leading sovereign wealth fund, subject to customary regulatory approval. Avolon has now secured a total of US$1.4 billion in equity capital from GIC and leading private equity firms, Cinven, CVC Capital Partners and Oak Hill Capital Partners. The equity commitment from GIC adds geographic diversity
Government of Singapore Investment Corporation invests US$300 million in Avolon Read More »
In January–September 2011, the Finnair Group’s turnover was 1 680.3 million euros (1 506.4 million euros in the corresponding period of 2010). The Group’s operational result, i.e. EBIT, excluding non-recurring items, capital gains and changes in the fair value of derivatives and in the value of foreign currency denominated fleet maintenance reserves was a loss
Finnair Group report January-September 2011 results Read More »
GE Capital Aviation Services (GECAS) announced delivery of two new Boeing 737-800 aircraft leased to Royal Air Maroc. The aircraft, delivered in late August and the last week in October, come from GECAS’ existing order book with Boeing. They are the first of five new aircraft leased by GECAS to be delivered to the airline. The
GECAS delivers two new Boeing 737-800s to Royal Air Maroc Read More »
