Financial

Aviation Capital Group (ACG) reported its 2009 second quarter leasing, sales and financing activity. The quarter was highlighted by two strategic initiatives. The first was a commitment by the U.S. Export-Import Bank (Ex-Im) to participate in a new financing structure valued at nearly $900 million for 22 Boeing 737NGs to be delivered over the next […]

AMR Corporation said today that American Airlines has closed a $276 million private placement offering of senior secured notes due 2016, which were priced at par to yield 13 percent. The purpose of the offering was to refinance, in part, the outstanding $401 million principal amount of the Company’s 1999-1 enhanced equipment trust certificates (1999

ANA Group announced its financial results for the first quarter of the current fiscal year, ending June 30, 2009. Consolidated revenue dropped 21.9% year-on-year to 269.8 billion yen, leading to an operating loss of 42.4 billion yen for the three month period April1 to June 30, despite a fall in costs of 5.6% to 312.3

Astronics Corporation, a leader in advanced, high performance lighting, electrical power and automated test systems for the global aerospace and defense industries, reported sales of $47.0 million in the second quarter of 2009, which ended July 4, 2009, down 1.8% compared with sales of $47.9 million in the second quarter of 2008. Results for the

British Airways presented its interim management statement for the three months ended June 30, 2009. Ba reported an operating loss of

Embraer recorded net sales of US$ 1,456.6 million in the second quarter 2009, and net income of US$ 67.8 million, equivalent to diluted earnings per ADS of US$ 0.3750. In 2Q09, Embraer delivered 56 jets to the commercial aviation, executive aviation and defense segments, compared to 52 jet deliveries in the second quarter of 2008.

On July 29, 2009, Air Canada entered into a financing agreement with GE Canada Finance Holding Company, Export Development Canada, Aeroplan Canada and ACE Aviation Holdings as lenders. GE Finance is acting as Administrative Agent and GE Capital Markets Inc. and GE Capital Markets (Canada) Ltd. are acting as arrangers. The secured financing extends a

Genesis Lease Limited announced its financial results for the second quarter ended June 30, 2009. Rental revenues were $51.1 million compared to $52.0 million for the same period in 2008, a decrease of 1.9%, net income was $4.8 million compared to $9.0 million for the same period last year, a decrease of 47.0%. For the

Boeing reported the completion of the acquisition of the business and operations conducted by Vought Aircraft Industries at its South Carolina facility, where a key structure for the 787 Dreamliner is built. The acquisition agreement was announced originally on July 7. The newly acquired facility, located in North Charleston, will be called Boeing Charleston. Boeing

The Goodyear Tire & Rubber Company reported second quarter 2009 financial results and updated its progress on actions taken to address market and economic challenges around the world. The second quarter 2009 Goodyear net loss was $221 million (92 cents per share), compared with net income of $75 million (31 cents per share) in 2008’s