B/E Aerospace reported third quarter 2012 revenues of $766.7m an increase of $130.7m, or 20.6%, as compared with the same period of the prior year. Organic revenue growth, excluding 2012 acquisitions, was 10.5%. Operating earnings, adjusted to exclude $4.6m of AIT costs, were $138.9m, an increase of 23.9% and operating margin of 18.1% increased 50 […]
B/E Aerospace reports third quarter 2012 financial results Read More »
Norwegian (NAS) reported a pre-tax profit of almost NOK900m. This is the company’s best ever result, an improvement of NOK187m from previous year. New aircraft have saved the airline NOK28m in fuel costs compared to the third quarter in 2011. However, these savings are offset by an additional bill of NOK25m – a result from
Norwegian reports best ever quarterly results Read More »
Finnair is launching a new cost savings program that targets sustainable annual cost savings of €60m by the end of 2014. With this program, Finnair aims to ensure its competitiveness and ability to make future investments. Finnair estimates it will reach a profitable operational result in 2012 after several loss-making years, and its existing structural
Finnair prepares for fleet renewal – new €60m savings program launched Read More »
For the third quarter 2012, Safran’s revenue was €3,134m compared to €2,728m in the same period a year ago, a 14.9% year-on-year increase. Group revenue increased by 6.2% organically. Third-quarter 2012 revenue increased by €406m on a reported basis, highlighting double-digit growth rates in all businesses: aerospace (original equipment and civil services), Defence (avionics) and
Safran reports 15% growth in third quarter 2012 Read More »
Alaska Air Group reported third quarter 2012 GAAP net income of $163.4m compared to $77.5m in 2011. Excluding the favorable impact of mark-to-market fuel hedge adjustments of $21.2m ($13.1m after tax) the company reported record third quarter 2012 net income of $150.3 million compared to net income excluding special items of $131.1m in 2011. Alaska
Alaska Air Group reports record third quarter results Read More »
JetBlue Airways reported its results for the third quarter 2012. Operating income for the quarter was $113m, resulting in an 8.6% operating margin, compared to operating income of $108m and a 9.0% operating margin in the third quarter of 2011. Pre-tax income of $73m in the third quarter compared to pre-tax income of $56m in
JetBlue reports third quarter net income of $45m Read More »
United Continental Holdings reported third-quarter 2012 net income of $520m, excluding $514m of net special charges. Including special charges, UAL reported third-quarter 2012 net income of $6m. UAL third-quarter consolidated passenger revenue decreased 2.6% year-over-year. Third-quarter consolidated passenger revenue per available seat mile (PRASM) decreased 1.3% compared to the same period in 2011. Consolidated unit
United announces third-quarter 2012 profit Read More »
For the third quarter 2012 US Airways Group reported a net profit excluding special items of $192m. This compares to $95m in the Company’s third quarter 2011. On a GAAP basis, the Company reported a record net profit of $245m for its third quarter 2012, compared to a net profit of $76m for the same
US Airways posts third quarter net profit of $245m Read More »
Delta’s net income, excluding special items, for the September 2012 quarter was $768m. Delta’s September 2012 quarter GAAP net income was $1.0bn including mark-to-market gains on open fuel hedges and other special items. Delta’s unit revenues were up 3% for the quarter and the company has produced a unit revenue premium to the industry for
Delta announces September quarter profit Read More »
During the 3rd quarter of 2012 Embraer delivered 27 jets to the commercial aviation market and 13 to the executive aviation market (11 light jets and 2 large jets). Third quarter 2012 revenues and gross margin reached US$1,404.5m and 25.3%, respectively. EBIT and EBITDA margins were 7.2% and 11.8%, respectively. However if not for the
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