Financial

LAN Airlines reports net income of US$4.2 million for the second quarter 2009

LAN reported net income of US$4.2 million for the second quarter 2009. This represents a 93.0% decrease compared to net income of US$60.5 million in the second quarter 2008. These results were impacted by a US$52.6 million fuel hedging loss recognized during the quarter, while results for the second quarter of 2008 included a fuel

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B/E Aerospace reports second quarter 2009 financial results

B/E Aerospace reported that revenues for the second quarter declined by $204.8 million as compared with proforma revenues of $679.6 million in the second quarter of the prior year. The $204.8 million decrease in consolidated revenues was the result of an $84.4 million decrease in revenues at the consumables management segment, a $102.3 million decrease

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SIA Engineering posts group profit of $45.1 million for 1st quarter 2009-10

SIA Engineering recorded a profit attributable to equity holders of $45.1 million, a decrease of $13.6 million or 23.2% from the same quarter last year. The Group operating profit of $12.3 million was $4.1 million or 25.0% lower compared to the first quarter last year. Revenue declined $6.0 million or 2.4% to $244.2 million mainly

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Woodward reports financial results for third fiscal quarter of 2009

Woodward Governor Company reported that net sales for the quarter were $386.2 million, up 17% from $329.8 million for the same quarter of last year. Net earnings, including special items, for the quarter were $25.0 million compared with $32.4 million in last year’s third quarter. Foreign exchange rates had a negative impact in the quarter

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