Financial

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 […]

For the month of June, Frontier reported an operating profit of $14.2 million compared to an operating loss of $3.2 million for the same period last year, and net income of $7.2 million compared to a net loss of $8.8 million for June 2008. Excluding special items, the Company would have reported an operating profit

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

EADS reported that its half-year 2009 results demonstrate that the Group is still performing well across its businesses. EADS continues to actively monitor its customer base and its order book of more than EUR 390 billion. The order intake of EUR 17.2 billion reflects the slowdown in the commercial sector. Revenues stood at EUR 20.2

Honeywell announced second quarter 2009 sales of $7.6 billion versus $9.7 billion in the second quarter of 2008 and earnings of $0.60 per share, compared to $0.96 per share in the second quarter last year. Cash flow from operations was $1,126 million versus $1,042 million in the second quarter of 2008 and free cash flow

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

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

Alaska Air Group reported that net income for the second quarter, excluding special items, was $26.5 million compared to a net loss excluding special items of $14.1 million in the second quarter of 2008. This compares to a First Call mean estimate of $0.53 per share. Net income under Generally Accepted Accounting Principles (GAAP) of

UPS reported operating profit of $895 million on a 16.7% revenue decline for the second quarter ended June 30. Adjusted diluted earnings per share were $0.49 compared to $0.85 last year. The quarter

US Airways Group reported a net profit of $58 million, compares to a net loss of $568 million for the same period last year. Excluding special items, the Company reported a net loss of $95 million. This compares to a net loss excluding special items of $102 million for the same period last year.