Financial

Alaska Air Group reported record first quarter net income, excluding special items, of $89m compared to adjusted net income of $44 million in the prior-year quarter. Recorded net income for the first quarter under Generally Accepted Accounting Principles (GAAP) of $94m, compared to net income of $37m in 2013. Reported record adjusted pretax margin for […]

For the first quarter 2014, American Airlines Group reported a record GAAP net profit of $480m. This compares to a net loss of $341m in the first quarter 2013. The company’s GAAP results for the first quarter 2013 reflect AMR Corporation prior to the merger. On a combined basis, total revenues in the first quarter

Southwest Airlines reported its first quarter 2014 results with first quarter net income, excluding special items, of $126m, compared to first quarter 2013 net income, excluding special items, of $53m. First quarter net income of $152m, which included $26m (net) of favorable special items, compared to net income of $59m, in first quarter 2013, which

United Airlines reported a first-quarter 2014 net loss of $489m, excluding $120m of special items. Including special items, UAL reported a first-quarter 2014 net loss of $609m. For the first quarter of 2014, total revenue was $8.7bn, a decrease of 0.3% year-over-year. First-quarter consolidated passenger revenue decreased 2.3% to $7.4bn, compared to the same period

Avcorp Industries has received a Strategic Aerospace and Defence Initiative (SADI) Contribution Agreement from the Government of Canada for up to $4.4m to support development of advanced metal bond manufacturing processes and capabilities. In particular, this SADI supported project will assist Avcorp to undertake specific capability development for large, complex metal bonded structural components, for

Delta’s pre-tax income for the March 2014 quarter was $444m, excluding special items, an increase of $363m over the March 2013 quarter on a similar basis. Delta’s net income for the March 2014 quarter was $281m, excluding special items. This is $196m higher year over year despite $163m of non-cash tax expense now recognized after

Boeing Commercial Airplanes first-quarter revenue increased to $12.7bn on higher 787 and 737 deliveries. First-quarter operating margin improved to 11.8% reflecting the delivery volume and mix and lower period costs partially offset by higher R&D. During the quarter, the 787 program reached a 10 per month production rate and completed preliminary design review on the

B/E Aerospace’s first quarter 2014 revenues of $1.01bn increased 20.1% as compared with the prior year period. First quarter 2014 operating earnings, excluding $2.2m of costs related to first quarter acquisitions, were $185.2m, an increase of 20.6%. Operating margin, adjusted to exclude acquisition costs, was 18.3% and increased 10 basis points as compared to the

In preparation of future plans the holding company Small Planet Group has been established to take ownership of the Small Planet Airlines of Lithuania and Poland, along with other aviation related investments. There is no change in shareholding. The shareholders of Small Planet Group are Vytautas Kaikaris and Andrius Staniulis who acquired the Company in

BOC Aviation has raised the limit of its Euro Medium Term Note Programme (“EMTN Programme”) to US$5.0bn from US$2.0bn. The EMTN Programme was established in September 2012. Notes issued pursuant to the EMTN Programme may be listed on the Singapore Exchange Securities Trading Limited (“SGX-ST”) or such other or further stock exchange(s) and/or competent listing