Financial

In the second quarter of 2017, Chorus reported adjusted EBITDA of US$65.5m versus US$57.8m in 2016; an increase of US$7.7m or 13.3%. Adjusted net income was US$26.7m for the quarter, an increase from the second quarter of 2016 of US$4.9m or 22.3%. The change was a result of the US$7.7m increase in adjusted EBITDA previously […]

FLY is reporting net income of US$2.9m for the second quarter of 2017. This compares to net income of US$4.7m for the same period in 2016. Net income for the six months ended June 30, 2017 was US$7.9m. For the same six month period in 2016, net income was US$11.8m. Adjusted net income was US$9.7m

Aircraft leasing company AeroCentury has released that second quarter 2017 earnings grew 19% to US$356,000 compared to US$299,000 in the second quarter of 2016, and compared to US$642,000 in the first quarter of 2017. In the first six months of 2017, net income grew 36% to US$997,000 from US$732,000 in the first six months of

GA Telesis and Wafra Capital Partners jointly announced that GA Telesis has raised a new US$500m investment vehicle from institutional and private clients advised by WCP to establish a second aviation investment vehicle focused on aircraft and engine investment opportunities. This capital raise constitutes the second round of funding from WCP. The vehicle will be

A wholly-owned subsidiary of Air Lease Corporation has entered into a joint venture with a co-investment vehicle (the JV Partner) arranged by Napier Park Global Capital (Napier Park) for the purpose of investing in commercial aircraft and leasing them to airlines worldwide. The newly formed entity is named Blackbird Capital II (Blackbird Capital II) and

Air Transport Services Group (ATSG), a leading provider of medium wide-body aircraft leasing, air cargo transportation and related services, has reported consolidated financial results for the quarter ended June 30, 2017. Revenues increased US$77m to US$253.2m, excluding revenues from reimbursable airline expenses, revenues increased US$60m. ATSG’s airline services operations, and maintenance and logistics businesses, recorded

In the first six months of the 2017 business year (January to June), Fraport AG’s Group revenue advanced to almost €1.4bn, an increase of €130.6m or 10.7% year-on-year. Reasons for this positive performance included strong passenger growth and higher revenue gained from property sales, as well as increased retail revenue achieved at the Group’s home

AerCap reported second quarter 2017 net income of US$282.9m, compared with US$233.3m for the same period in 2016. Diluted earnings per share of U$1.67, compared with US$1.22 for the same period in 2016. The increase in net income and diluted earnings per share was driven primarily by higher net gain on sale of assets, higher