Financial

Based on the resolutions passed by the Ordinary Annual Shareholders

AMR Corporation is notifying holders of the $225,490,000 outstanding principal amount of its 4.25% Senior Convertible Notes due 2023 that they have an option, pursuant to the terms of the Notes, to require AMR to purchase, on Sept. 23, 2008, all or a portion of such holders’ Notes (the “Put Option”) at a price equal

Qantas announced a record profit before tax of $1,408 million for the full year ended 30 June 2008, a 46% increase on the prior year results. The Board declared a final fully franked ordinary dividend of 17% per share, taking the full year ordinary dividend to 35% per share, which represents a dividend payout of

Israel Aerospace Industries (IAI) announced a 2008 second quarter income of $19 million, (after a $ 12 million provision for employee-related expenses and recording of accounting losses, in consequence of the strengthening of the NIS vis-a-vis the USD, in an amount of approx. $ 36 million), as compared with $ 14 million for the second

Woodward and MPC Products Corporation have entered into a definitive stock purchase agreement under which Woodward would acquire MPC in a transaction valued at approximately $383 million. MPC, a privately-held company headquartered in Skokie, Ill., operated under the leadership of Joseph Roberti and Vincent Roberti for more than 45 years. MPC is an industry leader

Mesa Air Group reported third quarter after tax income of $1.8 million from continuing operations on operating revenues of $353.9 million. Total operating revenues for the third quarter of 2008 increased $13.5 million, or 4.0% from the same quarter in 2007. The net income of $1.8 million compares to a net gain from continuing operations

General Dynamics and Dreamliner Lux S.a.r.l., a company controlled by the Permira Funds, have entered into a definitive agreement for General Dynamics to acquire Zurich, Switzerland-based Jet Aviation for CHF 2.45 billion (approximately $2.25 billion) in cash. The proposed acquisition, which has been approved by the boards of directors of both companies, would be immediately

US Airways Group reported that the underwriter of its public offering of 19,000,000 shares of common stock has exercised in full the over-allotment option granted to it by the Company. As a result, the Company will sell an additional 2,850,000 shares of its common stock at the offering price of $8.50 per share. Including the

Vought Aircraft Industries reported financial results for its second quarter ended June 29. Revenue for the three months ended June 29, 2008 was $480.7 million, an increase of $53.1 million or 12%, compared with revenue of $427.6 million for the same period last year. Growth was driven by increases in all categories

TAM S.A. reported its second quarter results for 2008 (2Q08). Operational and financial data, except where otherwise indicated, are presented based on amounts consolidated in Reais (R$) and prepared in accordance with accounting principles generally accepted in Brazil (BR GAAP). TAM reported EBIT and EBITDAR margins of 2.7% and 12% respectively, net income of R$