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

GOL Linhas Aereas Inteligentes S.A. reported that its subsidiary GOL Finance is offering senior notes due in 2020 in an offering exempt from registration under the United States Securities Act of 1933, as amended (“Securities Act”). GOL and its subsidiary, VRG Linhas Aereas S.A., will guarantee the notes. The notes will be senior unsecured debt