Air Lease Corporation reported another consecutive quarter of fleet, revenue and profitability growth. Diluted EPS increased 50% to $0.57 per share for the three months ended March 31st, 2014 compared to $0.38 per share for the three months ended March 31, 2013. Revenues increased 28% to $246m, compared to $192m in 2013. Income before taxes […]
Air Lease Corporation announces first quarter 2014 results Read More »
FLY is reporting net income for the first quarter of 2014 of $3.6m, this compares to net income of $32.8m for the same period in 2013. First quarter 2013 results benefitted from $30.6m of end of lease income and $6.5m in gains from aircraft sales. First quarter 2014 results were impacted by increases in interest
FLY Leasing reports first quarter net income of $3.6m, down from $32.8m in 2013 Read More »
In the first quarter Finnair’s turnover declined by 8.4% to €543.3m (€593.2m in 2013). The operational result was €-34.2m (€-17.5m in 2013). Net cash flow from operating activities stood at €-20.5m (€-11.5m in 2013), and cash flow from investments totalled €233.6m (€-9.2m in 2013). Unit cost per available seat kilometre excluding fuel, CASK (CASK excl.
Finnair Group reports first quarter results Read More »
Air Transport Services Group reported consolidated financial results for the quarter ended March 31st, 2014. For the first quarter of 2014 revenues were $143.6m, flat with a year ago. Increases in revenues from aircraft leasing and other business activities offset lower revenues from airline operations. Earnings from continuing operations of $6.5m, were lower than earnings
ATSG reports first quarter 2014 financial results Read More »
AerCap Holdings reported that its adjusted net income was $79.9m for the first quarter of 2014. Adjusted earnings per share were $0.70 for the first quarter of 2014, an increase of 17% over the first quarter of 2013. The debt to equity ratio was 2.5 to 1 at March 31, 2014, compared with 2.6 to
AerCap Holdings reports strong financial results Read More »
WestJet released its first quarter results for 2014, with net earnings of $89.3m, compared with the net earnings of $91.1m in the first quarter of 2013. Based on the trailing twelve months, the airline achieved a return on invested capital of 13.7%, compared with the 13.9% reported in the previous quarter. These results include pre-tax
WestJet reports first quarter net earnings of $89m Read More »
SIAEC Group posted a profit of $265.7m for the financial year ended March 31st, 2014. Revenue grew by $31.5m or 2.7%, mainly due to an increase in line maintenance and airframe and component overhaul work, while expenditure increased $44.0m or 4.3%. As aresult, operating profit was $12.5m or 9.8% lower at $115.6m. The increase in
SIAEC Group posts profit of $265.7m for financial year ended March 31st, 2014. Read More »
Willis Lease Finance Corporation (WLFC), the premier independent jet engine lessor in the commercial finance sector, reported first quarter 2014 net income was $4.3m, compared to $1.6m, in the first quarter of 2013, and $6.6m in the fourth quarter of 2013. At March 31, 2014, Willis Lease had 200 commercial aircraft engines, 5 aircraft parts
Willis Lease Finance earns $4.3m in 1Q14 Read More »
Spirit AeroSystems reported first quarter 2014 financial results demonstrating continued robust demand for large commercial aircraft and strong mature program operating performance. Spirit’s first quarter 2014 revenues were $1.7bn, up from $1.4bn for the same period of 2013 on higher production volumes and four additional workdays in the quarter. Operating income was $194m, up from
Spirit AeroSystems reports first quarter 2014 revenues of $1.7bn Read More »
Aerostar S.A the leading Romanian aerospace company has recorded another successful financial year, with turnover up 8% in 2013, exports increased from 71% to 86% of turnover, and profits stable. Investment in plant and machinery also increased and employment rose by over 300 people to reach a total of nearly 1900. Building on its strategy
Another successful year for Aerostar Read More »
