Financial

AMR Corporation, the parent company of American Airlines, reported a net loss of $344 million for the fourth quarter of 2009. The fourth quarter 2009 results include the negative impact of $177 million in non-cash special items, which consists primarily of impairment charges of approximately $96 million to write down certain route and slot authorities […]

Woodward reported that net sales for the 2010 first quarter were $339.3 million, down 2% from $344.7 million for the 2009 first quarter. Net earnings for the 2010 first quarter were $22.4 million, compared with $27.1 million in the 2009 first quarter. Foreign currency exchange rates had a favorable impact on net sales of approximately

Gulfstream International Group has reached an agreement in principle with Gulfstream Funding II, (the

Nordic Aviation Capital announced that it has entered into a $100 million revolving investment facility with Denmark

ATR announced stabilization in 2009 of its previous year results, thus reaching its main goals for the year despite the adverse situation of the economy. The turboprop manufacturer achieved new turnover record of $ 1.4 billion in 2009 (2008: $ 1.3 billion), and delivered 54 aircraft (2008: 55), thus consolidating delivery rate over 50 aircraft

Pinnacle Airlines has closed on a $10 million credit facility with Independent Bank of Memphis, Tenn. The loan is designed to provide Pinnacle with additional working capital until it receives its 2009 federal income tax refund, estimated to be $38 million. Separately, Pinnacle also modified its $25 million spare parts loan to reduce certain liquidity

AerSale announced that it completed an initial $250 million equity raise with Green Equity Investors V, L.P., an affiliate of Leonard Green & Partners, L.P. AerSale is a global provider of aftermarket aircraft, engines, and their component parts to airlines, leasing companies, and OEM/MRO service providers.”We’re excited to have partnered with Leonard Green & Partners,”

The SIAEC Group posted a profit attributable to equity holders of $56.0 million, a decrease of $7.0 million or 11.1% over the corresponding period last year. Revenue at $241.5 million was lower by $28.5 million or 10.6%, due to a drop in airframe maintenance and component overhaul work against the backdrop of a continued reduction

UPS announced that it expects to exceed its previously announced estimate for 4th quarter 2009 earnings, now anticipating a range of $0.73 to $0.75 per diluted share. The company previously projected earnings of $0.58 to $0.65 per diluted share for this period. In an effort to improve performance in the U.S. package segment, UPS also

MESA AIR GROUP has commenced a financial restructuring through the voluntary filing of petitions to reorganize under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York (the