Financial

Boeing reported first-quarter net income of $0.6 billion with earnings per share of $0.86 which includes the previously announced $0.38 per share reduction from revised twin-aisle commercial airplane production rates and lower price escalation forecasts. Revenue rose 3% to $16.5 billion on higher commercial airplane deliveries and higher volume in defense. Operating cash flow was […]

SR Technics enters a new phase in the implementation of its restructuring and longterm growth activities as the new ownership structure for the Group is confirmed. In line with an on-going restructuring programme, SR Technics is implementing a longterm strategy focused on building a platform to expand its global market position and on providing services

Woodward reported net sales for the quarter were $334.7 million, up 9% from $305.8 million for the same quarter of last year. Net earnings for the quarter were $18.5 million compared with $29.7 million in last year’s second quarter. Net earnings for the current quarter included special charges of $0.16 per share as shown below.

AirTran Holdings reported record net income of $28.7 million for the first quarter along with record operating income of $47.7 million. The Company also posted revenues of $542.0 million and achieved the highest first quarter load factor in Company history at 76.3%. The combination of lower fuel prices, low costs, and quality service coupled with

Delta’s reported net loss for the March 2009 quarter was $794 million, or $0.96 per diluted share. “Despite the worst economic recession in our lifetime, the fundamental strength of Delta’s business allowed us to deliver breakeven results this quarter, excluding fuel hedge losses and special items” said Richard Anderson, Delta’s chief executive officer. “We remain

Lockheed Martin Corporation reported first quarter 2009 net earnings of $666 million compared to $730 million in 2008. Net earnings in 2009 included higher pension expense as previously disclosed in the January 22, 2009 earnings release and in the 2008 Form 10-K. In 2009, the FAS/CAS pension adjustment was ($114) million, which decreased net earnings

UAL Corporation reported results for the first quarter ended March 31, 2009. UAL reported a first quarter net loss of $579 million excluding non-cash, net mark-to-market hedge gains and certain accounting charges. The company reported a GAAP loss of $382 million including these items. The company reduced its full-year outlook for mainline non-fuel CASM, excluding

Italian charter airline Livingston Energy Flight has engaged Lufthansa Technik to overhaul its long-haul Airbus A330 fleet. The comprehensive C-checks will be carried out between May and September in Lufthansa Technik Malta

N3 Engine Overhaul Services GmbH & Co. KG in Arnstadt, Thuringia, has successfully completed the company

AAR CORP reported net income of $20.0 million for the third quarter ended February 28, 2009. Year over year, sales declined from $376.6 million to $338.8 million due mainly to lower sales in the Aircraft Sales and Leasing segment. Excluding Aircraft Sales and Leasing, sales were essentially unchanged from last year. Sales to defense customers