Financial

Bombardier Aerospace has signed a memorandum of understanding (MOU) with ICBC Financial Leasing Co. (ICBC Leasing). ICBC Leasing is a leading leasing company in China, and Industrial Commercial Bank of China (ICBC), its major shareholder, is one of the world

Mesa Air Group

AerCap Holdings released the results of its operations for the fourth quarter and full year ended December 31, 2010. Fourth quarter 2010 net income was $72.4 million, compared to net income of $43.2 million for the same period in 2009. Fourth quarter 2010 net income excluding the impact of the mark-to-market of interest rate caps

MTU Aero Engines exceeded its earnings forecast for the financial year 2010. Operating profit increased by 7% from EUR 292.3 million in 2009 to EUR 311.3 million, which is higher than the earnings forecast of EUR 310 million that had been revised upward in the course of the year. MTU also improved its return on

Vueling obtained a net profit of EUR 45.99 million in financial year 2010. This amounts to a 66% increase on the results of the previous year (EUR +27.78 million ). The net margin stood at 5.7%, an increase of 1.1 points over that of 2009 (4.6%). During the fourth quarter of the year, Vueling reduced

SkyWest reported operating revenues of $796.3 million for the quarter ended December 31, 2010, compared to $604.4 million for the same period last year. SkyWest also reported net income of $37.2 million for the quarter ended December 31, 2010, compared to $19.5 million of net income for the same period last year. The results for

Quantas released that total revenue for the half-year increased 10% from $6,909 million to $7,591 million. Qantas reported an Underlying Profit Before Tax (Underlying PBT) of $417 million for the half-year ended 31 December 2010, an increase of 56 % on the prior corresponding period of $267 million. Average yields, excluding foreign exchange (FX) movements,

Norwegian reported a net profit of 189 MNOK for 2010. The airline carried more than 13 million passengers last year, an increase of 21% compared to the previous year. In the fourth quarter the company

The Board of Directors of Goodrich Corporation approved an increase to the company’s existing Share Repurchase Plan to authorize the repurchase of up to an additional $500 million of the company’s common stock, bringing the total authorization to $1.1 billion. The company has repurchased 8.9 million shares for a total of $537 million, from November

Atlas Air Worldwide Holdings announced significantly higher fourth-quarter and record full-year 2010 earnings. Adjusted net income in the fourth quarter jumped 23% to $41.4 million completing a year in which adjusted net earnings soared 102% to a record $150.0 million. On a reported basis, fourth-quarter net income rose 47% to $41.6 million. Full-year reported net