Financial

 LAN Airlines S.A. reported net income of US$112.5m for the fourth quarter of 2011, a decrease of 31.6% compared to the US$164.6m reported in fourth quarter 2010. Results in the fourth quarter 2011 reflected costs related to the startup of LAN’s operations in Colombia and the ongoing effects of the volcanic ash cloud on domestic operations […]

For the full year 2011, Hawaiian Holdings reported consolidated net loss of $2.6m on total operating revenue of $1.65bn. This compares with net income of $110.3m on total operating revenue of $1.31bn for the full year 2010. Reflecting economic fuel expense and excluding non-recurring lease termination charges related to the purchase of 15 Boeing 717-200 aircraft

UPS reported fourth quarter 2011 adjusted diluted earnings per share of $1.28, a 21% improvement over the prior-year period. Total revenue increased 6% to $14.2bn and adjusted operating profit climbed 17% to more than $2bn. For the full year 2011, UPS achieved a new high in adjusted diluted earnings per share at $4.35. On a reported basis,

ANA Group reported its consolidated financial results for the first nine months of fiscal year 2011: operating revenues rose 3% to ¥1,069.8bn, while operating income increased 17.3% to ¥91.1bn and recurring profit by 22.5% to ¥71.4bn. Net income for the period was ¥33.7bn compared with ¥37.5 billion the previous year.

Honeywell released that 4Q11 sales were up 8% to $9.5bn versus $8.7bn in 4Q10 – 7% organic growth reflected continued strength in most end markets and the contribution of  new product launches and geographic expansion. Honeywell reported 4Q11 proforma earnings (excluding the impact of pension mark-to-market adjustments)of $1.05 per share, up 21% over $0.87 in 4Q10. 4Q11 earnings

Alaska Air Group reported fourth quarter 2011 net income, excluding special items, of $37.2m, compared to net income of $47.4m in 2010. Alaska reported record full-year net income, excluding special items, of $287.4m, compared to $262.6m in 2010.

United Continental Holdings reported full-year 2011 net income of $1.3bn, excluding $483m of special items consisting primarily of integration-related costs. Including special items, UAL reported full-year 2011 net income of $840m. UAL reported fourth-quarter net income of $109m, excluding $247m of special items. Including special items, UAL reported a fourth-quarter 2011 net loss of $138m.

JetBlue Airways Corporation reported pre-tax income of $40m in the fourth quarter.  This compares to pre-tax income of $13m in the year-ago period. For the full year 2011, JetBlue reported pre-tax income of $145m compared to a pre-tax income of $161m for the full year 2010. Net income for the fourth quarter was $23m, compared to

Delta’s net income for the December 2011 quarter was $379m excluding special items, a $221m improvement year over year. Delta’s net income for 2011 was $1.2bn, excluding special items, as the company offset $3bn higher fuel expense through strong revenue performance and its fuel hedging program. Delta’s GAAP net income was $425m for the December

For the fourth quarter 2011 US Airways reported net profit, excluding net special charges, of $21m, net profit excluding net special charges for the fourth quarter 2010 was $28m. On a GAAP basis, the Company reported a net profit of $18m for its fourth quarter 2011 compared to a net profit of $28m for the same period