Financial

Goodrich reported fourth quarter 2009 net income of $105 million on sales of $1,642 million. In the fourth quarter 2008, the company reported net income of $169 million, on sales of $1,695 million. The $53 million decrease in sales includes a reduction of $41 million related to the impact of current economic conditions on the […]

Rockwell Collins reported net income of $121 million for its fiscal year 2010 first quarter ended December 31, 2009, a decrease of $30 million, or 20%, from fiscal year 2009 first quarter net income of $151 million. Earnings per share was $0.76, a decrease of $0.19, or 20%, from earnings per share of $0.95 for

Boeing reported fourth-quarter net income of $1.3 billion as revenue rose 42% to $17.9 billion. Current period results reflect solid performance across core businesses and represent a significant improvement over the year-ago quarter, which included a labor strike and a charge on the 747 program. Boeing’s quarterly operating cash flow was $3.2 billion, which includes

UAL Corporation, the holding company whose primary subsidiary is United Airlines, reported results for the fourth quarter ended Dec. 31, 2009. The company reported a fourth quarter net loss of $176 million, excluding non-cash, net mark-to-market hedge gains and certain accounting charges, narrowing its net loss by $391 million compared to the fourth quarter of

Aveos Fleet Performance (formerly ACTS) announced that it has reached an agreement in principle with its lenders to reduce its outstanding debt and create an appropriate capital structure to support the company

Delta Air Lines reported financial results for the December quarter and full year 2009. Delta’s net loss excluding special items for the December 2009 quarter was $225 million. This result is $285 million better than the prior year quarter on a combined basis excluding special items. Delta’s net loss was $25 million for the December

Airbus signed a Memorandum of Understanding with the CDB Leasing Co., one of China’s leading leasing companies, on cooperation in aircraft financing and leasing. The MoU was signed by John Leahy, Airbus Chief Operating Officer Customers, and Wang Chong, President of CLC, in Toulouse, France. Airbus and CLC endeavour to share competence and experience to

Aircell, a leading provider of airborne communications, announced the completion of the private placement of equity securities totaling $176 million to new and existing investors. Proceeds of the financing will be utilized to provide funding for capital investments for network expansion and operating needs during this rapid growth phase of the business.

For the fourth quarter of 2009 Continental reported a net income of $85 million. Excluding $77 million of previously announced special charges, and a $158 million non-cash income tax benefit, Continental recorded a fourth quarter net income of $4 million. Continental Airlines announced a 2009 full-year net loss of $282 million. Excluding $145 million of

Southwest Airlines reported its fourth quarter and full year 2009 results. Net income for fourth quarter 2009 was $116 million compared to a net loss of $56 million for fourth quarter 2008. Fourth quarter 2009 results included special items (net of profitsharing and taxes) of $42 million, related to non-cash, mark-to-market gains and other items