Financial

ANA released more details of its FY 2009 Emergency Plan, which has been in place since the start of the present fiscal year, April 1, and runs to March 31, 2010. The plan is ANA’s map for navigating the global recession and outlines how the company will prepare for the opportunities presented by the expansion […]

Embraer recorded first quarter 2009 net sales of $1,154.1 million and a net loss of $ 23.4 million, equivalent to diluted losses per ADS of $ 0.1289. Due to the severe worldwide economic downturn since September 2008, Embraer recorded cancellations of some of the firm orders of its executive aviation backlog as well as deferrals

LAN reported net income of $65.0 million for the first quarter 2009. This represents a 34.7% decrease compared to net income of $99.6 million in the first quarter 2008. These results were impacted by a $57.9 million fuel hedging loss recognized during the quarter. LAN’s operating income in the first quarter 2009 reached $118.1 million,

In a recessionary economic environment the Lufthansa Group generated revenue of EUR 5.0v bn (previous year: EUR 5.6bn) in the first quarter 2009. The operating result of EUR -44 million (previous year: EUR 172 million) stems from a weak demand for passenger and freight flights, but also from the lower price of fuel and from

B/E Aerospace announced first quarter 2009 net sales of $523.7 million, an increased 10.7% as compared with first quarter 2008, reflecting the inclusion of Honeywell

ANA Group has narrowed its forecast net loss from -9 billion yen to -4.5 billion yen for the fiscal year ended March 31, 2009, on the sale of certain assets. However, given the worsening global and Japanese recessions in the fourth quarter, the Group expects to post a smaller revenue and operating income than forecast

Goodrich reported first quarter 2009 net income of $170 million on sales of $1,696 million. In the first quarter 2008, the company reported net income of $158 million on sales of $1,745 million. Compared to the first quarter 2008, first quarter 2009 net income per diluted share increased 10% despite a sales decrease of 3%.

Honeywell announced first quarter 2009 sales of $7.6 billion versus $8.9 billion in 2008. Cash flow from operations was $341 million versus $721 million in the first quarter of 2008 and free cash flow (cash flow from operations less capital expenditures) was $232 million, compared to $571 million last year. Honeywell expects full-year sales of

MTU Aero Engines has reported a 10% improvement in revenues to EUR 693.1 million for the first quarter of 2009 (1-3/08: EUR 630.0 million). Discounting the effect of the U.S. dollar exchange rate, revenues decreased by 2%. Operating profit amounted to EUR 75.2 million, compared with EUR 80.0 million in the first three months of

Alaska Air Group reported a first quarter 2009 net loss of $19.2 million, compared to a net loss of $37.3 million in the first quarter of 2008. Excluding mark-to-market fuel hedge gains of $10 million ($6.2 million after tax), the company reported a net loss of $25.4 million compared to a net loss of $37.7