Financial

Lufthansa Group generated revenue of EUR 22.3 billion according to preliminary figures, around 10% less than the previous year (EUR 24.8 billion). The Group achieved its target of earning an operating profit, reaching a figure of EUR 130 million (previous year: EUR 1.3 billion). The net loss for the period came to EUR 112 million […]

Aircastle Limited reported fourth quarter net income of $23.0 million and adjusted net income of $21.1 million. Net income for the year ended December 31, 2009 was $102.5 million and adjusted net income of $104.8 million. Aircastle Limited reported total revenues of $135.8 million and EBITDA of $124.6 million for the fourth quarter; total revenues

B&B Air’s net income for the fourth quarter of 2009 was $13.7 million compared to $9.4 million in the same period in the preceding year. The fourth quarter 2009 result includes a pre-tax gain of $12.5 million from purchasing $25.0 million principal amount of notes payable for $12.0 million. The 2008 result included a gain

After 13 consecutive profitable years, Iberia reported a net loss of 273 million euros in 2009. Throughout the year Iberia adapted its supply of flight services to the changes in the different markets, cutting seat supply overall by 6%, which brought an overall passenger load factor of 79.8%, similar to that of 2008. Operating income

HEICO Corporation reported that net income increased 4% to $11,793,000 for the first quarter of fiscal 2010, up from $11,317,000 for the first quarter of fiscal 2009, which included a $1.1 million benefit from settling an income tax audit. Net sales increased 4% to $135,535,000 in the first quarter of fiscal 2010, up from $130,437,000

For the quarter ended December 31, 2009 Genesis Lease reported that net income was $8.7 million, compared to $10.7 million for the same period in 2008, a decrease of 18.1%. Results for the fourth quarter of 2009 include an incremental benefit of $5.4 million relating to aircraft that were the subject of customer defaults and

Safran delivered solid operational performance in full-year 2009, enabling to meet or exceed its guidance on both financial metrics it had indicated for 2009. For full-year 2009, Safran

MTU Aero Engines Holding AG has fully met its business forecasts for the financial year 2009. This was announced at the company

AerCap Holdings N.V. announced the results of its operations for the fourth quarter and full year ended December 31, 2009. Fourth quarter 2009 net income was $43.2 million, compared to a net loss of $19.0 million for the same period in 2008. Fourth quarter 2009 net income excluding the impact of the mark-to-market of interest

International Lease Finance Corporation (ILFC), a wholly-owned subsidiary of American International Group, announced that it intends to raise a new senior secured term loan of up to $750 million. ILFC plans to use proceeds of the new term loan to repay a portion of the Company