Financial

B/E Aerospace second quarter operating earnings of $84.3 million increased by 41.7% as compared with the second quarter of the prior year. Second quarter operating margin of 16.1% expanded by 120 basis points compared to the second quarter of the prior year. second quarter net earnings of $53.9 million increased by 89.8% as compared with […]

B/E Aerospace has completed the previously announced acquisition of Honeywell

British Airways has completed its purchase of French airline L’Avion on July 25th. L’Avion will operate as a subsidiary of British Airways and will become fully integrated with OpenSkies by early 2009. British Airways purchased L’Avion at a cost of

Hawker Beechcraft Corporation (HBC) has completed the sale of the majority of its wholly owned fuel and line operations to BBA Aviation. BBA Aviation is a fixed-base operation (FBO) and distribution network. The sale, which was first announced on February 22, 2008, will allow Hawker Beechcraft Services (HBS) to greater concentrate on its core business

Southwest Airlines reported its second quarter 2008 results. Net income for second quarter 2008 was $321 million compared to $278 million for second quarter 2007. Excluding special items, second quarter 2008 net income was $121 million compared to $195 million for second quarter 2007. The second quarter 2008 results exceed First Call’s mean estimate of

Alaska Air Group reported second quarter net income of $63.1 million compared to net income of $46.1 million in the second quarter of 2007. Excluding special items, the company reported a net loss of $14.1 million compared to 2007 net income of $47.2 million.

Goodrich reported second quarter 2008 net income of $187 million on sales of $1,849 million. In the second quarter 2007, the company reported net income of $125 million on sales of $1,576 million. Second quarter 2008 sales increased 17% and net income per diluted share increased 49% compared with the second quarter 2007.

Rolls Royce’s order book increased by 17% to

easyJet reported that total passenger numbers improved by 16% with continued strong growth in Gatwick and mainland Europe in particular, total revenue per seat grew by 12% to

UAL Corporation reported that it reached an agreement in principle with its Mileage Plus co-branded bank card partner, Chase Bank U.S.A., N.A. (“Chase”), and Paymentech, one of its credit card processors, to extend the term of their respective agreements. As part of the transaction, United will receive a payment of $600 million from Chase, which