Financial

Avolon, the aircraft leasing group, has successfully completed its initial capital raise of $1.4 billion including an equity commitment of $750 million from three of the world

Air Berlin reported that for the first quarter of 2010 seasonal operating loss (EBIT) improved to EUR -98.6 million (Q1 2009: EUR -107.6 million, pro-forma). Based on the pro-forma income statement, Air Berlin’s operational result and net result have improved over the corresponding quarter of the previous year. Revenue was adversely affected by airport closures

Air France/KLM reported that total revenues fell by 15.0% to 20.99 billion euros. For production measured in EASK down 6.7%, unit costs per EASK fell 4.4%. Savings realized in the context of the

Avcorp announced its financial results for the quarter ended March 31, 2010. During the quarter ended March 31, 2010, the Company recorded a loss from operations of $2,073,000 on $17,376,000 revenue, as compared to a $1,989,000 loss from operations on $22,087,000 revenue for the same quarter of the preceding year; and a net loss for

ITP achieved consolidated sales of over 479 million euros in 2009, representing a 0.9% reduction on figures for the same period in the previous year. Over the course of the year, ITP strengthened its position as leading industrial company on a national scale in terms of its ratio for investment in R&D to sales, with

Israel Aerospace Industries reported that company sales for the first quarter of 2010 reached $769 million, much like the first quarter of 2009. Export sales reached $624 million, an increase of 2% compared to the same quarter in 2009. Net profit for the first quarter was $17 million, compared to $15 million in the first

SIA Engineering released that operating profit for the financial year 2009/10 was $2.2 million or 2.0% lower compared to last year. Share of profits from associated and joint venture companies declined $43.3 million or 25.0% to $129.7 million. This amounted to 49.4% of the Group

Alitalia reported that in the first quarter revenues increased to EUR 639 million compared to EUR 515 million for the first quarter of 2009 (relating to the period 13 January to 31 March). The operating result (EBIT) amounted to EUR -125 million, a significant improvement compared to the same quarter last year (EUR -210 million).

DVB made a satisfactory start into 2010, in spite of the prevailing difficult environment on international financial and transport markets. Consolidated net income before taxes for the first quarter of 2010 amounted to EUR 16.7 million (down 38.4% year-on-year). Total income during the first quarter of 2010 declined by 9.8% year-on-year, from EUR 63.3 million

Airbus