Financial

SAS (Scandinavian Airlines System Denmark

The Lufthansa Group closed the 2010 financial year with revenue of EUR 27.3 billion (previous year: EUR 22.3 billion) according to preliminary figures. Despite adverse one-off factors the operating profit came to EUR 876 million (previous year: EUR 130 million). Net profit attributable to shareholders of Deutsche Lufthansa AG amounted to EUR 1.1 billion (previous

In 2010 TAP S.A. achieved profits of EUR 62.3 million, a rise of 8.7% in relation to the previous year, enabling the company to return to a positive liquidity position which had ceased to exist in 2008. The company ended the 2010 financial year with a positive liquidity position of EUR 52 million. Cargo volume

Aircastle reported fourth quarter 2010 net income of $20.2 million and adjusted net income of $14.2 million. Net income for the year ended December 31, 2010 was $65.8 million and adjusted net income was $67.9 million. The fourth quarter results include a gain of $8.4 million from the disposal of aircraft, as well as $2.5

Based on preliminary, still unaudited figures, DVB Bank SE posted record consolidated net income before taxes of EUR 131.1 million, a 51.4% increase over the previous year’s figure of EUR 86.6 million. Consolidated net fee and commission income, which primarily includes fees and commissions from lending business, and – to an increasing extent – asset

AWAS reported that Terra Firma, Canada Pension Plan Investment Board (CPPIB) and other co-investors have committed to invest an additional $529 million in the business by April 2011 to drive its expansion programme and a further $200 million to finance further value enhancing opportunities. The initial investment of $529 million is being made by Terra

Aviator Capital, a newly formed joint venture, has raised up to $225 million in equity financing from an institutional investor to invest in used commercial passenger aircraft. Aviator’s management team has over 100 years of combined experience in the commercial aircraft leasing business. Aviator will leverage its unique expertise in all areas of commercial aviation

EADS released that order intake increased 81% to EUR 83.1 billion driven by Airbus Commercial, revenues increased 7% (EUR 45.8 billion) with record deliveries of 510 commercial aircraft. EBIT before one-off was EUR 1.3 billion, free cash flow EUR 2.7 billion, net income amounted to EUR 553 million (FY 2009: EUR -763 million) and a