Financial

Alaska Air Group reported record fourth quarter 2010 net income of $64.8 million compared to net income of $24.1 million in the fourth quarter of 2009. Excluding mark-to-market fuel hedge gains of $28.1 million ($17.4 million after tax), the company reported record net income of $47.4 million compared to net income of $4.4 million excluding […]

The SIAEC Group recorded a profit attributable to shareholders of the Company of $197.6 million for the nine months ended 31 December 2010, an increase of $35.4 million or 21.8%. Operating profit of $105.1 million was $35.9 million or 51.9% higher than the corresponding period last year. Revenue rose $101.1 million or 13.8% to $834.9

The U.S. Bankruptcy Court for the Southern District of New York approved Mesa Air Group

Since its formation less than a year ago Jackson Square Aviation (“JSA”), has built a portfolio of 48 aircraft, with a value of $2.2 billion. The company’s fleet consists of 48 narrowbody and widebodyaircraft which deliver through 2012, including 24 A320s, 21 B737-800s, 2 A330-300s and 1 B777-300ER. The average age of the fleet is

Air Astana, Kazakhstan

Rockwell Collins reported net income of $151 million for the first quarter of fiscal year 2011 ended December 31, 2010, an increase of $30 million, or 25%, from $121 million in the same period last year. Revenues in the quarter increased $83 million, or 8%, to $1.11 billion from revenues of $1.03 billion in the

Southwest Airlines reported its fourth quarter and full year 2010 results. Net income for fourth quarter 2010 was $131 million compared to $116 million for fourth quarter 2009. For the full year 2010, net income was $459 million compared to $99 million for full year 2009.

Delta Air Lines released that net income for the December 2010 quarter was $158 million excluding special items which is a $383 million improvement year over year. Delta’s net income for 2010 was $1.4 billion, excluding special items. Including $851 million in special items, Delta’s net income for 2010 was $593 million. Delta’s GAAP net

Avolon, the aircraft leasing group, reported a second capital raising of $650 million comprising $250 million of equity and $400 million of debt finance. The $250 million of additional equity has been raised from Avolon’s existing investors: Cinven, CVC Capital Partners and Oak Hill Capital Partners. A number of other investors have also participated in

Gulfstream International Group has reached a final agreement with the Federal Aviation Administration providing for the settlement of certain proposed civil penalties. The agreement calls for the Company to pay $550,000 over a five-year period. The Company has also reached an agreement with Raytheon Aircraft Credit Corporation (“RACC”) to extend its current Lease Amendment and