Financial

Copa Holdings reports net income of S$92.8 million for the fourth quarter of 2010

Copa Holdings reported net income of $92.8 million for as compared to net income of $ 70.4 million in 4Q09. Excluding special items, Copa Holdings reported an adjusted net income of $81.2 million, representing a 23.7% increase over adjusted net income of $65.7 million in 4Q09. Net income for full year 2010 reached $212.1 million […]

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Astronics Corporation reports 14% increase in fourth quarter 2010 sales

Astronics Corporation reported financial results for the fourth quarter and year ended December 31, 2010. Sales in the fourth quarter of 2010 were up 13.7% from the prior year’s fourth quarter. Aerospace sales, which represented 90% of consolidated sales in the fourth quarter, increased 27.8% to $46.8 million in the quarter. Earnings per diluted share

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Aircell secures $35 million in private equity funding for Gogo inflight expansion

Aircell a leading provider of inflight connectivity, has closed a $35 million financing with its existing investors and Aircell’s management team. Through its Gogo, Gogo Biz, and other services, Aircell offers Internet connectivity on laptops, smartphones and PDAs on nine of the top 11 U.S. airlines and on nearly 6,000 business aircraft, enhancing the inflight

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ANA and First Eastern conclude share holders agreement to invest in new low-cost airline

All Nippon Airways and First Eastern Investment Group of Hong Kong have finalized their joint venture agreement to invest in a new low-cost airline based at Kansai International Airport. A joint venture company, A&F Aviation Co., Ltd., will be officially established and will own and operate the new carrier. The initial capitalization of the new

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ILFC enters into $2 billion committed unsecured credit line

International Lease Finance Corporation (ILFC) has entered into a $2 billion unsecured three-year revolving credit line for the purposes of enhancing its liquidity position and credit profile as it moves forward. ILFC raised more than $14 billion in 2010 through a variety of funding sources and other liquidity initiatives, which allowed it to pay off

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