Financial

Macquarie Infrastructure Company (MIC) reported that its Atlantic Aviation subsidiary has successfully refinanced all of its previously outstanding long-term debt. On May 31, 2013 Atlantic Aviation drew down the full amount on a 7-year, $465m term loan repaid fully a like amount of bank debt due in October 2014. In addition to the term loan,

IAI’ sales in the first quarter of 2013 amounted to US$849m, compared to US$893m in the corresponding period last year. Export sales accounted for 79% of total sales, amounting to US$673m. Sales to the military market accounted for 72% of total sales. Gross income in the first quarter of 2013 amounted to US$122m (14.4% of

Astronics Corporation, a leading provider of advanced technologies for the global aerospace and defense industries, has entered into a definitive agreement to acquire the outstanding shares of PECO Inc. (PECO) for approximately $136m in cash. The agreement is expected to close in late June 2013, and is subject to certain conditions, including a review under

TAT Technologies, a leading provider of services and products to the commercial and military aerospace and ground defense industries, reported its results for the three month period ended March 31, 2013. TAT announced revenues of $21.5m and net income of $1.7m for the three months ended March 31, 2013, compared to revenues of $20.7m with

First Aviation Services reported the results for continued operations for the quarter ended March 31, 2013 and year ended December 31, 2012 as restated for the previously announced sale of the majority interest in Aerospace Products International (API) which closed March 18, 2013. Sales from continuing operations for the first quarter increased 18% to $6.1m

Avianca Holdings earned a net income of US$75.3m for 1Q-13, an increase of more than US$75m over the profit recorded for the same period in 2012. First quarter operating revenues increased to US$1.11bn, up 5.9% from 1Q 2012 due mainly to a 6.5% increase in passenger revenues driven by an 8.6% growth in passenger traffic

US Airways announced that it priced an offering of Class C enhanced equipment trust certificates in the aggregate face amount of approximately $100m. This offering is an additional issuance from the Company’s Series 2012-2 series of enhanced equipment trust certificates, under which an offering of Class A certificates and Class B certificates closed on December

US Airways Group announced the pricing of $500m of its 6.125% Senior Notes due 2018, which represents an increase of $100m from the previously announced size of the offering. The notes will be general unsecured senior obligations of US Airways. The Company intends to use the proceeds from the senior notes offering for general corporate